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Showing posts with label EMU. Show all posts
Showing posts with label EMU. Show all posts
Thursday, January 3, 2019

Bill Mitchell — The so-called euro stability spawned banking system that caused havoc

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In yesterday’s short blog post – Some Brexit dynamics while across the Channel Europe is in denial (January 2, 2019), I noted that various...
Monday, December 31, 2018

Bill Mitchell — Greece “neither thrived nor struggled” – the financial press alt world

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It is my last blog post for the year. And we leave the year with not much gained from a progressive perspective. The mid-term elections in ...
1 comment:
Friday, November 30, 2018

Michel Heijdra, et al — A more stable EMU does not require a central fiscal capacity

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A central fiscal capacity is a recurring topic in discussions on reform of the Economic and Monetary Union, but no consensus on the useful...
1 comment:
Tuesday, October 9, 2018

Bill Mitchell — German citizens firmly against any (even weak) federal reforms to the EMU

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I don’t have much time today as I am travelling from Lisbon back to London for a series of meetings. My next public speaking engagement is ...
10 comments:
Thursday, August 2, 2018

Bill Mitchell — It is (way past) time to dissolve the disastrous EMU experiment in an orderly manner

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Sometimes there is clarity. Like when the Koch brothers-funded report on US health care came up with the ‘wrong’ conclusion – that is the r...
Monday, July 16, 2018

Bill Mitchell — The abdication of the Left – redux – Part 1

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Former Austrian Chancellor Bruno Kreisky was quoted as saying during the 1979 Austrian election campaign that: “I am less worried about the...
1 comment:
Monday, June 18, 2018

Bill Mitchell – European-wide unemployment insurance proposals – more bunk!

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The Europhiles have been tweeting their heads off in the last week or so thinking that the corner has been turned – by which they mean that...
9 comments:
Sunday, January 28, 2018

Bill Mitchell — IMF finds the Eurozone has failed at the most elemental level

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The IMF put out a new working Paper last week (January 23, 2018)) – Economic Convergence in the Euro Area: Coming Together or Drifting Apar...
Tuesday, December 26, 2017

Bill Mitchell — Germany – a most dangerous and ridiculous nation

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Germany’s domination of the EMU is clear both in political and economic terms. The current political impasse within Germany will not change...
2 comments:
Monday, May 1, 2017

Edward Harrison — France: What Macron means when he says the EU must reform or face Frexit

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At the weekend, French Presidential election frontrunner Emmanuel Macron told the BBC that EU leaders “have to face the situation, to liste...
Wednesday, November 9, 2016

Thomas Fazi and Guido Iodice — A Decentralised Fiscal Stimulus Is The Right Answer To The EMU’s Problems

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Thomas Fazi collaborating with Bill Mitchell on a book.  Social europe A Decentralised Fiscal Stimulus Is The Right Answer To The EMU’...
Tuesday, September 22, 2015

Terra Hall — UMKC professor among handful of economist to predict Eurozone fiscal downturn

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Video and newspaper article on Randy Wray and UMKC. KSHB UMKC professor among handful of economist to predict Eurozone fiscal downturn Ter...
Sunday, July 19, 2015

Bill Mitchell — The European Project is dead

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When the GFC emerged and confirmed what Modern Monetary Theory (MMT) proponents had been predicting for more than a decade, I initially tho...
2 comments:
Thursday, July 16, 2015

Jeffry Frieden — What Europeans think about Europe in the aftermath of the crisis

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What are the implications of these trends for the future of European integration, and monetary union, over the coming decade? Policymakers ...
10 comments:

David Beckworth — Who Predicted the Eurozone Crisis?

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Not so fast? According to a recent Bloomberg article , nine people saw the Eurozone crisis coming years before anyone else. Wow, only nin...
8 comments:
Friday, April 3, 2015

Evan Soltas — The Madre of All Bubbles

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Unemployment, social unrest, failed currency union, household debt, real estate bubble — Evan hits the high points. This is probably ju...
Thursday, April 2, 2015

Ambrose Evans-Pritchard — Greece draws up drachma plans, prepares to miss IMF payment

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Greece is drawing up drastic plans to nationalise the country's banking system and introduce a parallel currency to pay bills unless th...
7 comments:
Wednesday, April 1, 2015

Dirk Ehnts — Open letter in the FT: inject newly created money directly into the real economy

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The problem is: the euro zone has been constructed so that there is no spender-of-last-resort . The ECB is not allowed to directly finance ...
Monday, March 30, 2015

Bill Mitchell — ECB should start funding government infrastructure and cash handouts

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I was a signatory to a letter published in the Financial Times on Thursday (March 26, 2015) – Better ways to boost eurozone economy and emp...
Monday, March 23, 2015

Bill Mitchell — Eurozone unemployment – little to do with international competitiveness

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The so-called ‘Informal European Council’ released a document on February 12, 2015 – Preparing for Next Steps on Better Economic Governanc...