Month: November 2014
Public Debt: How the classical economists looked upon it (wonkish) – Guest article by Nicholas Theocarakis
, 28/11/2014
With so much talk about public debt, the so-called debt crisis etc., it is perhaps time to take a close look at the history of the concept; of how public debt was born, on the evolution of its nature and, even more poignantly, of the manner in which economists have interpreted and evaluated its purpose […]
Taking stock of the Euro Crisis: Interviewed by Doug Henwood for BEHIND THE NEWS
, 24/11/2014
Discussing the state of play in Europe, circa November 2014, with Doug Henwood on KPFA’s Behind the News
How can we govern Europe? Florence, 21-23 November 2014
, 19/11/2014
Conference participants include (in order to presentation): Richard Koo (Chief economist, Nomura Research Institute), Vítor Constâncio (Vice President ECB), Bill Mitchell (Centre of Full Employment and Equity), Frances Coppola (Economist, former banker), Pierre Moscovici (Commissioner for Economic&Monetary Affairs), Yanis Varoufakis (Universities of Athens and Texas at Austin), Thomas Mayer (Senior Fellow at the Center of Financial Studies at Goethe Universität Frankfurt). For the complete program […]
Klaus Kastner replies – On the Versailles Treaty parallels
, 19/11/2014
Continuing the discussion we began on modern parallels to the Versailles Treaty (the Greek Bailout, as I claimed here, or Maastricht, as Klaus Kastner juxtaposed here – see also my rejoinder here), Klaus Kastner takes stock with this, latest, missive.
MODERN MONEY: AESTHETICS AFTER THE GOLD STANDARD (video), UC Berkeley, 7th Nov. 2014
, 18/11/2014
Click the image above to watch a 60′ keynote on Money, and its Aesthetics, after the Gold Standard, following by a presentation by Danae Stratou of her remarkable installation ‘It’s Time to Open the Black Boxes’ – click here for a full description (and pictures and video) of that work.
Was Maastricht another Versailles for the German nation? A reply to Klaus Kastner
, 16/11/2014
Klaus Kastner suggests that Germans cannot sympathise with my analogy of the Greek Bailout as a new Versailles Treaty because many, in Germany, feel that Maastricht was another Versailles Treaty imposed, by France, upon them. While there is no doubt that France tried, and failed, to adopt a predatory attitude toward Germany (and toward the […]
Klaus Kastner responds to the Geithner revelations, and my Versailles Treaty allegory
, 14/11/2014
Klaus Kastner, a regular interlocutor of this blog, has responded to the Geithner revelations (and my take on them) on how Northern European finance ministers were bent on ‘crushing the Greeks’, back in February 2010, with the following:
CRUSH THE GREEKS! The Greek bailout revisited in the light of the Geithner revelations
, 13/11/2014
Tim Geithner is now on the public record,[1] confirming that which we have always known: In February 2010, clueless as to the Euro Crisis that was about to engulf them, Northern European leaders decided to crush Greece. Collectively to punish (against even the Geneva Convention) a nation for having gone bankrupt within a Eurozone whose […]
Preface to the (forthcoming) French edition of THE GLOBAL MINOTAUR
, 12/11/2014
The Global Minotaur: America, Europe and the future of the world economy is about to be published in French, as Le Minotaure Planétaire, by newly established, progressive publishing house LES ÉDITIONS DU CERCLE. Read on for a draft of the Preface I composed for this French edition (which is now added to the German, Spanish, […]
Slovakia adopts our proposal of ECB-purchases of EIB bonds
, 11/11/2014
Our proposal for ECB purchases of EIB bonds has just been adopted by one Eurozone member-state: Slovakia. Here is Reuters’ report. Or read on…
Why is Europe not ‘coming together’ in the aftermath of the euro crisis? – audio
, 10/11/2014
This talk was delivered to the PhD Colloquium of the LBJ School of Public Affairs, on 6th November 2014. It was based on this article and is part of my research for my next book EUROPE UNHINGED: The next phase of the global crisis.
A QE proposal for Europe’s crisis – OpEd in The Economist
, 10/11/2014
The Economist kindly invited me to contribute an op-ed to a ’roundtable’ on what form Quantitative Easing should take place in Europe. For The Economist’s site click here. Or read on…
Why the Fiscal Compact is, legally, null and void: Interview by Giuseppe Guarino
, 10/11/2014
In this fascinating interview, published in Corriere della Sera on 29th October 2014 and reproduced here in English, Professor Giuseppe Guarino, a former finance minister of Italy, argues that the Fiscal Compact never had a legal leg to stand on. Additionally, he also claims that, legally, the 3% deficit limit (in the Maastricht and later the […]
MODERN MONEY: AESTHETICS AFTER THE GOLD STANDARD, UC Berkeley, Friday 7th November 2014
, 04/11/2014
An Academic Conference, sponsored by the Department of History of Art, University of California, Berkeley, November 6–7, 2014 Featured Speaker: Yanis Varoufakis Featured Artist: Danae Stratou Contact sferguson at usf.edu and jordanrose at berkeley.edu for more information. (The image is Andy Warhol’s 200 One Dollar Bills, 1962)
This Thursday, lunch time talk on Europe’s refusal to ‘come together’: LBJ School of Public Affairs PhD Colloquium, UT Austin
, 04/11/2014
Theme: “Why is Europe not ‘Coming Together’ in Response to the Euro Crisis?” Where: SRH 3.316/3.350. LBJ School of Public Affairs (3rd floor) When: 12:15 to 1:30pm, Thursday 6th November Abstract: Almost everyone agrees that the Eurozone was a one-legged giant; a monetary union lacking a political ‘leg’ to stabilise it. Moreover, both opponents of monetary union […]
Today’s Eurozone seen from an investor’s perspective – Keynote (audio)
, 01/11/2014
On 30th October I was invited to address a meeting of German, Austrian and Swiss pension fund managers on how they should make sense of the Eurozone’s current state of play. In this keynote (click below for the audio and the accompanying slides) I present an explanation of the causes underlying the impossible dilemmas pension fund […]