monetary policy

October 26, 2014

An Economist’s Definition of Misery

While a misery index shows a nation's inflation and unemployment rates, the eurozone's high unemployment might create disproportionate unhappiness.

May 15, 2014

The Monetary Policy Mistakes of a Babysitting Co-op

There once was a French economist whose name was Say. Proclaiming that “Supply Creates Its Own Demand,” Jean-Baptiste Say (1767-1832) entered economic history with Say’s Law. All he meant was that workers […]

November 5, 2011

Leaving the Euro

Would you like to win 250,000 British pounds? Predicting that a nation’s euro zone exit would be catastrophic unless properly managed, a UK businessman has sponsored […]