Nothing is currently being discussed more than the trend in government bond yields. A look at the figures helps to distinguish scaremongering from reliable information. Nothing is out of the ordinary at the moment apart from the scale of speculation about what the central banks will do next. …
In the Financial Times, Martin Wolf noted a few days ago that imbalances in international trade are back on the political agenda. Although Wolf reaches entirely reasonable conclusions regarding mercantilism, he nevertheless states that it is nonsense to claim that the US trade deficits can be eliminated solely through trade or exchange rate policy. …
It is hard to believe the sort of things being circulated about Argentina and its libertarian president. The article that Patrick Kaczmarczyk and I wrote some time ago has generated a particularly strong response. Some (such as Poschardt and Stelter, …
Today saw yet another interesting and extremely important statistic that has gone unnoticed by both the media and so-called economic science. As it does every month, Eurostat published the trend in producer prices for the manufacturing sector. The latest available figure is for February, …
