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More on Laffer and Estonia – just to get the facts right
Arthur Laffer’s recent piece in the Wall Street Journal on fiscal stimulus has generated quite a stir in the blogosphere – with mostly Keynesians and Market Monetarists coming out and pointing to the...
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Greece is not really worse than Germany (if you adjust for lack of growth)
Market Monetarists have stressed it again and again – the European crisis is primarily a monetary crisis rather than a financial crisis and a debt crisis. Tight monetary conditions is reason for the...
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The Euro – A Monetary Strangulation Mechanism
In my previous post I claimed that the ‘Greek crisis’ essentially is not about Greece, but rather that the crisis is a symptom of a bigger problem namely the euro itself. Furthermore, I claimed that...
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