Is the dismal science back?
Daniel Dăianu looks at the role of economics in society and says miracles are not possible, and economics cannot be seen as alchemy
Is the dismal science back? Read More »
MACROECONOMICS
Examining how the overall economy—the markets, businesses, consumers, and governments—behave, focusing on long-term economic growth and shorter-term business cycles
Monetary policy and the Great Volatility
The Great Moderation was a period of prosperity. Isabel Schnabel argues that it is up to central banks whether today’s challenges will lead to the Great Volatility
Monetary policy and the Great Volatility Read More »
Reforming British economic policy
Economic policy in Britain is at a crossroads. Patrick Minford argues that a change of leader creates an opportunity to reform policies which are set to create economic disaster
Reforming British economic policy Read More »
EU economic resilience tested
The EU has revised growth forecasts down. Maarten Verwey, Laura Bardone and Kristian Orsini say the Russian invasion is exacerbating pre-existing headwinds to economic growth
EU economic resilience tested Read More »
Fiscal support and monetary vigilance
Olivier Blanchard and Jean Pisani-Ferry consider the economic policy implications of the Russia-Ukraine war for the European Union
Fiscal support and monetary vigilance Read More »
How the UK can avoid a doom loop
Patrick Minford argues that British economic strategy post-COVID should prioritise growth and overrule conventional Treasury thinking
How the UK can avoid a doom loop Read More »
Recollections on financial stability
Jon Cunliffe reflects on the key lessons he has learnt about financial stability and highlights longer-term issues such as climate change and crypto
Recollections on financial stability Read More »
A lose-lose policy for global recovery
Joseph Stiglitz and Kevin Gallagher argue that the IMF surcharges worsen potential outcomes for both the borrowing country and its investors
A lose-lose policy for global recovery Read More »
The hard yards recovering from COVID
Andrew Bailey looks at the varying forces currently acting on the British economy and what they mean for monetary policy
The hard yards recovering from COVID Read More »
CBDC in an historical perspective
Monetary transformations through history have been driven by changing technology. Michael Bordo argues that technological change is inevitable
CBDC in an historical perspective Read More »