This week on other blogs: Leftovers from December
As I said yesterday, there are some really great blog posts that I missed last december. Check them out if they interest you 🙂 Damien, this one’s for you: Michael Spence blogs about our misconceptions concerning exchange-rates. “The focus on currencies as a cause of the West’s economic woes, while not entirely misplaced, has been … Continue reading
This week on other blogs: Leftovers from 2011
Looking back at the last few months of 2011 it seems like we missed some great blog posts. Therefore, before starting a new series of ‘this week on other blogs’, we look back a little bit. Posted in November 2011, Joseph E. Stiglitz analyses the crisis. One observation that is becoming more and … Continue reading
This week on other blogs: Week 51 & 52
Kevin O’Rourke writes about the future of Europe. Many issues are discussed, among which is wage reduction policy in relation to other macro economic policy options. “If the nineteenth-century “internal devaluation” strategy to promote growth by cutting domestic wages and prices is proving so difficult in Ireland, how does the EU expect it to work across … Continue reading
The Political Economy of Competitiveness // Part 1
Time for a series! After Damien’s work on currency and his latest blog on labour I got exited about writing a series myself. What other topic to pick than the practice that really frustrates me: the role of competition in economics. For some obscure reason I feel like I should start with a defensive statement … Continue reading
This week on other blogs: Week 49
At EconomyWatch, GeorgeFriedman writes about the next crissi in Europe, which he thinks will be political. “”Losing sovereignty for greater prosperity would work in Europe. Losing it to pay back the debts of Europe’s banks is a much harder sell”. Find it here Bart Hesseling writes about Qatar’s unique influence in the Middle-East. “The incredible diplomatic … Continue reading
Rise of the human replacement machine!
Technology! I love it, you love it… We all love it. Personal computers used to cost millions of pounds and be as large as houses. Now I can carry one in my pocket which also acts as my personal stereo, camera, telephone, sat-nav etc… It boggles my mind just how far we have come in … Continue reading
The ECB and the Cheaper Dollar Swaps: How, Why and What to Think about It
When Christian Noyer, president of the French Central Bank and governing council member at the European Central Bank (ECB) told the world that Europe was really in crisis it was only a matter of time before a big announcement would be made by the bank. It came that same day. In cooperation with five other … Continue reading
Political Economy Interviews: Conversations With History: Pranab Bardhan
Again, an interview from the series ‘conversations with history’ with host Harry Kleisler. This time he interviews Pranab Bardhan, economist at Berkeley. There are two things that I really like about this interview. Firstly, Bardhan talks a lot about his experience with Marxist historians and axiomatic economists. From this experience he is able to critique … Continue reading
The Return of the Banker
Not that long ago bankers were widely regarded as some of the worst people on earth. After ages their reputation of being reliable and boring was replaced by a banker with a new identity: that of the slick, just graduated economists who without soul of conscious busies himself with maximizing his bonus. They where the … Continue reading
BETWEEN HEGEMONY AND CHANGE 