ALL BLOG POSTS

Finland continued economic nightmare

Finland continued economic nightmare

This is from an excellent article from Bloomberg:

Three simple changes to the Fed's policy framework

Three simple changes to the Fed's policy framework

Frankly speaking I don't feel like commenting much on the FOMC's decision today to keep the Fed fund target unchanged - it was as expected, but sadly it is very clear that the Fed has not given up the 1970s style focus on the Phillips curve and on the US labour market rather than focusing on monetary and market indicators. That is just plain depressing.

A framework for understanding Tunisia's economic crisis

A framework for understanding Tunisia's economic crisis

The Arab Spring started in 2010-11 in Tunisia and until now Tunisia has been highlighted as basically the only country, where the Arab Spring has not ended in disaster. Unfortunately over the last couple of days social unrest and violent confrontation between demonstrators and police have erupted across Tunisia.

Guest post: Tight Money, High Wages: a review of Scott Sumner’s The Midas Paradox

Guest post: Tight Money, High Wages: a review of Scott Sumner’s The Midas Paradox

My friend the great economic historian Clark Johnson has written a review of Scott Sumner's new book The Midas Paradox.

‘Currency instability’ should NOT be a concern for Canada

‘Currency instability’ should NOT be a concern for Canada

The commodity currencies of the world continues to take a beating on the back of the sharp drop in oil prices. This is now causing some to fear "currency instability". Just these this story from Canada's Financial Post:

Yellen's recession and that horrible Phillips Curve

Yellen's recession and that horrible Phillips Curve

The global stock markets are taking yet another beating today and as I am writing this S&P500 is down nearly 3.5% and the latest round of US macroeconomic data shows relatively sharp slowdown in the US economic activity and more and more commentators and market participants are now openly taking about the risk of a US recession in the coming quarters.

Webinar on China, the Renminbi, and the IMF's Special Drawing Rights

Webinar on China, the Renminbi, and the IMF's Special Drawing Rights

The Bretton Woods Committee is hosting what I think will be a very interesting Webinar on "China, the Renminbi, and the IMF's Special Drawing Rights".

Larry Kudlow is of course right - the Fed should not base policy on labour

Larry Kudlow is of course right - the Fed should not base policy on labour

Watch this wonderful rant from legendary economist and commentary Larry Kudlow.

Fear strikes policymakers as ‘dollar bloc’ begins to unravel

Fear strikes policymakers as ‘dollar bloc’ begins to unravel

I am happy to announce that I in the future will be contributing to Geopolitical Information Service (GIS).

Inching closer to a US recession, while Yellen is eager to hike

Inching closer to a US recession, while Yellen is eager to hike

Today we got the Minutes from the December 15-16 FOMC meeting where the Fed hiked interest rates.  That in itself is not terribly interesting and there is not much news in the Minutes to shock the markets.

Items 171 to 180 of 1205 total

Show per page