Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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A Fistful of Euros


October 24, 2014, 2:18 pm, 1357280

This slide is from Mario Draghi’s presentation to the European Union council today. As the caption states, he says it shows that investment is suffering from a lack of confidence. But it perhaps more clearly shows ...


October 20, 2014, 2:18 pm, 1354193

In a number of blog-posts (Paul Krugman’s Bicycling Problem, On Bubble Business Bound, The Expectations Fairy) I have examined some of the implications of the theory of secular stagnation. But I haven’t up to now argued why I think the hypothesis that Japan and some parts of ...


October 18, 2014, 8:18 am, 1353370

Those who have interest in neither Catalonia nor the issue of journalistic standards will probably find this posting long, tedious, and not especially interesting. Perhaps you might like to stop at this point. Those of you who are interested in one or other of these, well, I invite you to ...


October 14, 2014, 6:18 am, 1350630

“What strikes me, also, is the extent of intellectual confusion that remains.” – Paul Krugman, Europanic 2.0

“The problem is that Germany has continued to maintain highly competitive labor costs and run huge surpluses since the bubble burst — and that in a depressed world economy, this makes Germany a ...


October 8, 2014, 2:18 pm, 1348003

“People should seriously consider that Japan’s economy may have fallen into recession despite the weaker yen and a stock rally from the BOJ’s easing and the flexible fiscal policy by Abe’s administration,” said Maiko Noguchi, senior economist at Daiwa Securities. “Initial expectations that the economy could withstand the negative effects ...


October 3, 2014, 12:18 pm, 1345633

From the Preface to Just Send Me Word: A True Story of Love and Survival in the Gulag, by Orlando Figes:

Three old trunks had just been delivered. They were sitting in a doorway, blocking people’s way into the busy room where members of the public and historical researchers were received ...


September 20, 2014, 8:18 am, 1338391

By now it should be clear that the monetary experiment currently being carried out in Japan (known as “Abenomics”) is fundamentally different from the kind of quantitative easing which was implemented in the United States and the United Kingdom during the global financial crisis. In the US and the ...


September 19, 2014, 6:18 am, 1337776

Is something in the air? Do I detect a change in consensus on the way things are going in Japan? Certainly a slew of articles have been published in the financial press over the last month questioning where the Abenomics experiment is headed for. The general conclusion seems to be ...


September 11, 2014, 6:18 am, 1333070

When Barack Obama told a CNBC interviewer last autumn that Wall Street ought to be “genuinely worried about what is going on in Washington” in reference to the US government shutdown he raised more than a few eyebrows. Normally political leaders try to calm and reassure markets, so this ...


September 11, 2014, 6:18 am, 1333069

Occasionally, representatives of Germany’s Left party (Die Linke) will complain about being tagged as the successors to East Germany’s communist party. Well.

As part of the German parliament’s debate about the budget and foreign police, Gregor Gysi, parliamentary leader of Die Linke, spoke out forcefully ...