Category Archives: Eurozone

Commentary on the madness involved in setting up the EMU and how it is dysfunctional

European-wide unemployment insurance proposals – more bunk!

The Europhiles have been tweeting their heads off in the last week or so thinking that the corner has been turned – by which they mean that Germany is about to get all cuddly with France and agree to fundamental … Read the rest of this entry »

Posted in Eurozone, Reclaim the State | 13 Comments

German press and its politicians lose the plot – Europhiles be warned

I am reverting back this Wednesday to a shorter blog post to free up a bit more time to advance other writing projects. Here are some snippets on Germany and Italy that caught my eye this week. And a link … Read the rest of this entry »

Posted in Eurozone, Music | 19 Comments

ECB continues to play a political role making a mockery of its ‘independence’

Those who follow European politics will be familiar now with the recent events in Italy. I wrote about them in this blog post – The assault on democracy in Italy. The facts are obvious. The democratic process for all its … Read the rest of this entry »

Posted in Central banking, Eurozone | 15 Comments

Travelling mostly today …

I am travelling most of today and into remote regions to do some fieldwork so I do not have time to write anything substantial. I am researching various issues while in transit and will resume normal services tomorrow when I … Read the rest of this entry »

Posted in Admin, Eurozone, Music | 6 Comments

The assault on democracy in Italy

I decided to write an extended blog post today (Wednesday) because events in Italy are so interesting. My usual short post on a Wednesday will resume next week. George Soros is now saying that “everything that could go wrong has … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Reclaim the State | 28 Comments

Die schwarze Null continues to haunt Europe

Last Tuesday (May 15, 2018), the new German Finance Minister Olaf Scholz stood up in the German Bundestag and delivered his first fiscal policy presentation. Not only was “die schwarze Null” (Black Zero) sustained but in his address, the new … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Reclaim the State | 4 Comments

Forget European reform – the Germans have anyway

For readers who follow my Twitter account, you will be aware that occasionally I have have brief interchanges with various Europhiles who have an abiding faith in the capacity of the Eurozone to reform itself along progressive lines to make … Read the rest of this entry »

Posted in Eurozone | 6 Comments

Latest Europhile advocacy beggars belief – surrender sovereignty to regain it

Today, I have a lot of travelling coming up. So time is tight. Regular readers will know my views on the Eurozone. I have held those views since the late 1980s when I was a young lecturer. Nothing has changed … Read the rest of this entry »

Posted in Eurozone, Reclaim the State | 24 Comments

My response to a German critic of MMT – Part 3

This is the third (and final) part of my response to an article published by the German-language service Makroskop (March 20, 2018) – Modern Monetary Theory: Einwände eines wohlwollenden Zweiflers (Modern Monetary Theory – Questions from a Friendly Critic) – … Read the rest of this entry »

Posted in Debriefing 101, Eurozone, Reclaim the State | 43 Comments

My response to a German critic of MMT – Part 2

This is the second part of my response to an article published by the German-language service Makroskop (March 20, 2018) – Modern Monetary Theory: Einwände eines wohlwollenden Zweiflers (Modern Monetary Theory – Questions from a Friendly Critic) – and written … Read the rest of this entry »

Posted in Debriefing 101, Eurozone, Reclaim the State | 37 Comments