Capitalism and Freedom

Recent debacle at the summit of Bruselles in the midst of the political intervention of the EU leaders to facilitate the institutional agree...

The ongoing difficulties in overcoming the persistence of debt-to-GDP ratio in EU countries highlight the question whether the European Mone...

The $140 billion rescue package to Greece is a milestone in the European Monetary Union. A lively debate on recent macroeconomic imbalances ...

NY Times recently reported on the agreed financial rescue assitance to Grecce from EMU (€110 billion) and IMF ($145 billion). Alongside Irel...

Paul Krugman has blogged an interesting analysis of the anatomy of the recent economic crisis in Europe ( link ). Europe's difficult mac...

Paul De Grauwe published a very good article ( link ), discussing the macroeconomic origins of the current debt crisis in Greece. "The ...

The Economist published a very lucid analysis ( link ) of the recent macroeconomic instability in the Euroarea, following the outbreak of Gr...

Writing an op-ed for NY Times, Nouriel Roubini discusses the role of Ben Bernanke in this year's recession ( link ).

Martin Feldstein offers some interesting thoughts on whether the eurozone will survive the economic recovery ( link ).

Reserve Bank of Australia decided to continue the increase in benchmark interest rates by 25 basis points to 3.75 percent in the light of sh...

The Economist discussed the return of deflation in Japan ( link ). Meanwhile, the Bank of Japan has published an interesting publication of ...

The Economist updated the report on the Japanese economy which again suffered from monthly deflation ( link ). The forecasts for the end of ...

The latest macroeconomic data from major world economies suggested that the recessionary contraction is likely to be ended in the light of p...

In the recent edition of WSJ, Arthur Laffer highlighted ( link ) how mismanaged fiscal policy during Hoover and Roosevelt administration led...

The OECD has released The Economic Survey of Iceland 2009 ( link ), discussing the origins of the banking crisis that eventually led to the ...

Today, Bloomberg reported ( link ) that April's trade deficit in the U.S increased by 2.2 percent. The recession in major trading partne...

The WSJ reports that Russia's economy recorded nearly 10 percent output contraction in Q1:2009 ( link ). In spite of surging oil prices ...

The Fed declared that it would buy as much as $300 billion of long-term treasury securities and even more in mortgage-backed securities. Whi...

On January 1, 2009, Slovakia left ERM II and became the 16th country of the eurozone ( here and here ). While fiscal consolidation has been...

Fed chairman says ( link ) deflation might resurge as a worrying threat to the U.S economy.