If a government or central bank had the unequivocal objective of maintaining or strengthening the purchasing power of the currency they issue, they would never...
It is difficult to understand how citizens demand more economic power for governments when fiscal policy fails abjectly, as we have seen in Europe. We need...
Most financial media have received Mario Draghi's document on the future of Europe's competitiveness with enthusiasm this week. However, it is the recipe for secular...
Germany and France used to compete with the United States as leaders in industry and technology. Those days are gone. The eurozone's problems have nothing to...
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