Greece’s New Bailout Problem

As Greek bailout talks continue, European monetary officials are also concerned that a Greek statistician could receive a life sentence for reporting accurate macroeconomic statistics.

A Greece Update in 4 Graphs

Coffee will soon cost 20% more in Greece because the terms of a fourth Greek bailout require higher taxes and less government spending.

Understanding Negative Interest Rates

Since low interest rates insufficiently boosted economic activity, monetary authorities are risking unintended consequences with negative interest rates.

The Problem With the 35-Hour Week

No longer just a local issue, extending the 35-hour workweek in France relates to worldwide competitiveness for the Daimler Smart care factory.

The Real Eurozone Problem

Although people in the eurozone want a single currency and their leaders want unity, monetary union problems create political distrust and disunity.

Weekly Roundup: From Fed Humor to the Wisdom of Warren Buffett

Our Posts Roundup Sunday 3.01.15 Handy notes from Warren Buffett…more Monday 3.02.15 The basics of Greek tax evasion…more Tuesday 3.03.15 Insight about airline queues…more Wednesday 3.04.15 Why we subsidize Brazilian farmers…more Thursday 3.05.15 What an ATM can teach us…more  …

Weekly Roundup: From New Drachma to Old Monetary Dilemmas

Our everyday economics includes foreign exchange, human capital, economic growth, GDP, inflation, unemployment, monetary policy, tradeoffs and deleveraging.

Why Greece Would Have a Tough Time With a New Currency

With excessive sovereign debt and bailout problems, Greece may have to switch to a new drachma and endure financial turmoil at home and in the eurozone.

What Greek Markets are Saying to Us

Reflecting collective intelligence, markets in Greek CDSs and Greek bonds, and the dwindling deposits of Greek banks show if we’ll have a Greek default.

The Eurozone Sunk Cost Problem

People and nations might perpetuate a bad investment because they look back at their past sunk costs. Instead they should compare future cost and benefit.