In case you are wondering why there is no update to my blog today – the answer is that I am travelling all day.
I have been travelling to Canada today and blogs for the next week might appear at strange times – given the time difference and my other commitments.
In the next 24 hours or so I will have limited capacity to respond to E-mails and moderate any comments. I moderate all comments which contain links so if it is sitting in the queue for some time you will understand why.
I have been invited as one of the speakers at the New Economic Thinking’s – 2014 Annual Plenary Conference – in Toronto, Canada from Thursday, April 10, to Saturday, April 12, 2014.
iNET will stream the conference live if you want to catch up with the sessions.
The Program – is not yet up but I am on a session entitled – Integration, Currency Unions and Balance Payments – which will be held on Friday, April 11th from 13:00 – 14:45.
The session description is:
Asymmetrical monetary unions, wherever and whenever attempted in the absence of corresponding political institution building, have ended up in tears and retribution. The Gold Standard, the various pegs between domestic currencies and the U.S. dollar (S.E. Asia, Argentina, Mexico etc.), the European Exchange Rate Mechanism, the Eurozone that followed the latter’s collapse, all resembled historical invasions of Russia – that is, a brisk beginning full of enthusiasm and hope, rapid progress that seemed unstoppable, followed by a heart wrenching slowdown as cruel winter took its toll, and ending up with blood on the snow and infinite retributions thereafter. Is the European Monetary Union invariably going to head down this course?
The other speakers are:
- Martin Wolf – Financial Times
- Peter Temin – MIT
- Moderator – Amanda Lang – senior business correspondent for CBC News
Several people have asked me when my blog will return to its normal coverage. I have lost about 2/3rds of my daily traffic since I have been occupied almost solely writing the Euro book. The answer is that I have three chapters left to write (out of 16) and an introduction and then a thorough edit.
I am hoping to deliver the complete manuscript to the publisher in three weeks. So by the end of April we will be back to normal coverage.
I had to be single-minded since the start of the year because I have a number of projects on the go each week and I had such a tight deadline with the book. So something had to give and it was the regular blog updates.
I am also surprised the material hasn’t been of interest to many people but then maybe I have strange tastes. I have enjoyed immensely delving into all this material and restoring my foreign language skills, which wane without practice. It seems to me that it is essential to really understand all the history to see the way forward.