By Henning Vöpel, courtesy of HWWI How stable will the global economy be macroeconomically after the COVID-19 pandemic? In addition to a few reasons to be able to relax, there are increasing signs that adversity is looming in the medium term. Inflation could return and that would change the situation suddenly. The two […]
Tag: inflation
Inflation on the horizon?
By Dr. Juan Castañeda and Professor Tim Congdon, courtesy of IEA In 2020 the world economy is likely to experience an output fall and increases in unemployment rates comparable to those in the Great Depression years of the early 1930s. The policy reaction to the pandemic will increase budget deficits massively in all the […]
Why do Argentines save in dollars?
By Libertad y Progreso, courtesy of Ámbito Financiero “Whoever bets on the dollar loses.” This famous phrase was said by former Minister of Economy Lorenzo Sigaut in 1981, to try to convince Argentines to stop saving in dollars. As expected, reality prevailed with an exchange rate escalation. Today the BCRA is […]
Europeans take the Euro for granted
By Joris Melman and Giuseppe Porcaro, courtesy of the Bruegel Institute How can we understand citizens’ attitudes towards the euro and its politics? A previous research project studied narratives of the euro crisis and explored the blame game that marked these years. The study found part of the answer to why it has been so hard […]
Washington Beyond the Headlines: Index Capital Gains to Inflation to Keep Economy Humming
By Andy Blom, TES Washington Editor The Democratic primary gets nastier, coronavirus panics the markets and Congress responds with partisan bickering…. Ho hum, another week of business as usual…except for free market policy people who are busy working on issues and ideas that affect America, and the world. Read on for this week’s […]
Rent control failed in Sweden, like everywhere else
“Rent Control Has Failed in Sweden” Courtesy of Austrian Economics Center Governments, both nationally as well as on the local level, around the world are considering introducing rent control – or some, like the city of Berlin, even simply expropriating private property from landowners. However, these very governments should take a close […]
Christine Lagarde at the ECB: chronicle of a failure foretold
By Etienne Chaumeton, courtesy of IREF In economics, the future is necessarily uncertain, because it is subject to the decisions of a multitude of individual actions. The recent arrival of Christine Lagarde to the presidency of the European Central Bank (ECB) on November 1, 2019, however, seems to mark the first stage of […]
Are Argentina’s problems really insoluble?
“Why Argentina’s Problems Have No Solution” By Marcelo Duclos, courtesy of PanamPost and Libertad y Progreso Whenever there is a problem that requires a solution, there are two possible scenarios: the problem can be solved and left behind, or we face failure, and everything remains as it is. In an adverse situation, things may actually […]
EU needs banking overhaul
With the EU’s leadership in transition, there are a lot of ideas for the new powers that be to sort through (or ignore, as they case may be) when it comes to reforming the continent’s financial infrastructure. There are also mixed verdicts on central […]
Germany must finally spend more, very carefully and precisely
“Notorious” and “prudent” are not words often found together, but it is fair to say that Germany is notoriously prudent with its national finances, thanks to a longstanding rule requiring politicians to balance the federal budget — an unimaginable scenario in virtually any other country. The […]