Keyword(s): greece
Excess German Savings, Not Thrift, Caused the European Crisis
May 24th, 2013
in Op Ed
by Michael Pettis, China Financial Marketsp> One of the reasons that it is been so hard for a lot of analysts, even trained economists, to understand the imbalances that were at the root of the current crisis is that we too easily confuse national s… more »
Top 10 American Misconceptions about Democracy
May 23rd, 2013
in Op Ed, syndication
America is a very young country (as compared with China, for example) and Americans often take, innocently and ignorantly, many old things as new. Two examples: Fiat money: It was invented by the Chinese more than 1,000 years ago! Money print… more »
The Sick Man Is Europe
May 22nd, 2013
in Op Ed
by Dirk Ehnts, Econoblog101p> The Pew Global Attitudes Project has its annual report out. It confirms what all European already know: disillusionment with the way the European institutions function. Democracy is a nice word, but in Europe, it is not… more »
Europe: Spreading the Pain
May 15th, 2013
in Op Ed, syndication
by Adam Whitehead, KeySignals.com Like his former MIT colleague Stanley Fischer, Mario Draghi hinted that their former MIT colleague's "Helicopter" will soon be taking off, in his most recent ECB press conference; but was quick to opine that it won't b… more »
Niall Ferguson’s Latest Gay Bashing is the Least of His Problems
May 13th, 2013
in Op Ed
by William K. Black, New Economic Perspectives It is always a disaster when devotees of theoclassical economists speak their minds in front of what they think are friendly audiences. Mitt Romney’s attack on 47% of Americans as leeches that it was his j… more »
