ausenpolitik

Decoding Euro-moralizations

There are some moral debates about the Euro going on in the international blogosphere with Tyler Cowen and Ryan Aventas the main participants, and Scott Sumner adding some interesting historical perspective.  In my view, Ryan and Tyler are not talking about the same thing, so let me offer a different take on the issue. In discussions of the Euro crisis, …

OOH, do we measure inflation correctly?

I am very glad to welcome this guest contribution by David Lizoain on how to measure inflation correctly in the Eurozone. It is difficult, and at times dry topic, but I encourage you all to read David’s excellent summary of the issues below. Mario Draghi and the rest of the ECB Governing Council paid us a visit …