During the GFC, a new phenomenon emerged – the ‘We knew it all along’ syndrome, which was characterised my several mainstream New Keynesian macroeconomists coming out and claiming that some of the insights provided by […]
Key Eurozone states are still lagging behind where they were before the pandemic. In some cases (Italy and Spain), they hadn’t even got back to pre-GFC levels of activity before the pandemic stuck. Read here
A good insight into the thinking of a central bank Read here
Britain is going through turbulences adapting its economy after leaving the EU. These are developments well worth watching. Read here
One of the emerging discussions is what will the post-coronavirus world look like both within nations and across nations. There is a growing thread about the worries of increased state authoritarianism as governments have imposed […]
The IMF and World Bank, destroyers of developing nations. Read here
“I doubt, however, we have reached peak trade. There is massive potential in the poorer nations. Whether that will be realised is yet to be determined. And what impact climate change will have on the […]
The hypocrisy is ineffable. Those same journalists and politicians who care nothing about the destroyed planet our children will inherit cannot write and say enough about the debt – which need not even be debt […]
I consider that there is little hope that European Commission will be able to resume its Excessive Deficit Mechanism process in 2022 without causing massive damage to already damaged economies. But I have no doubt […]
The US labour market is still 6,76 thousand jobs short from where it was at the end of February 2020, which helps to explain why there are no fundamental wage pressures emerging. Read here
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