the most important question facing European monetary policy is how to fix the credit crunch in the southern half of the monetary union. Wolfgang Münchau via The ECB’s priority should […]

Mr Teulings is not the only economist in the Netherlands sceptical of austerity, but he has been the only one with any policy influence. Prominent austerity sceptics at universities and […]

The euro is the gold standard minus the shiny rocks. Both force countries to give up their ability to fight recessions in return for fixed exchange rates and open capital […]