Market Monetarism in the EU: The Case for Nominal GDP Targeting

Monetary policy could become a problem for the Eurozone as we recover from the pandemic. Given the huge increases in the volatility of money, …

The Turkish Lira Crisis: Why it threatens the EU and how it can be averted

In the last decade, Turkey’s economy has been experiencing high growth rates, partially due to a highly expansive monetary policy. However, in the process, …

Financial Stability Without Central Banks

A ‘free’ banking system without a central bank provides incentives for banks to act with restraint. Their lending policies are, in effect, tied to …

Is the EU growing or getting fat?

By maintaining the imbalances of the decade of excess we are missing the opportunity to prepare for the future. The economic sentiment index in the Eurozone …

Inflation and the ECB: a political problem

Mario Draghi´s latest comments expressing his support for continuing the European Central Bank´s Quantitative Easing drew much controversy from northern Eurozone countries, especially Germany, …

Help! Keynes is back!

Nathalie Janson // 19.07.2016
 
Since early 2016, with the return of market turbulence and uncertainty over global growth, discreet calls for expansionary monetary …