It is not surprising that Argentina’s situation, with its libertarian president, is being hyped by many media outlets. The libertarian-leaning business editors are eagerly waiting to report on the breakthrough of radical ‘liberal’ ideology. However, when a major international organisation such as the OECD allows itself to be drawn into this political game, …
Hardly anything has been written or said more in recent weeks than about the paper by Trump’s new economic adviser, Stephan Miran, which forms the basis for the so-called Mar-a-Lago Accord, a new attempt to find multilateral solutions to the global monetary system. …
One of Donald Trump’s most important trade advisors, Peter Navarro, defended the American president’s trade policies some time ago in an article in the Financial Times, making at least one very strong point that went unnoticed in continental Europe. …
In the current debate about government debt, practically all experts are wrong because they simply ignore the macroeconomic interrelationships without which government debt can neither be explained nor justified. Almost all of them, even the seemingly enlightened ones, have remained Swabian housewives in one way or another. …
