A little etymology is in order.  Fortunately, Timothy Taylor in his blog "The Conversable Economist" saves us the trouble of porin...

Here's a pretty straight report on what's wrong with Europe's approach to Cyprus. Bottom line: the European Central Bank and ...

Over the weekend, IMF, ECB and Cyprus banking officials agreed to a plan to swipe depositor's funds to pay for a bailout. Small deposito...

"Do you not know, my son, with how little wisdom the world is governed?" Axel Oxenstierna, Chancellor of Sweden to his son (1648)....

Two researchers at the New York Fed have been looking into money and credit in ancient Rome. How did they use debt and credit to move money ...

We got by the "fiscal cliff" without too much damage, though I think the agreement between the administration and the Republicans ...

On economics blogs this week, the big news has been the latest World Economic Outlook published by the International Monetary Fund (IMF). Th...

There is a really interesting video of recent foreclosure issues in Greensboro, NC. Well worth watching:     at: http://www.youtube.co...

"Mistakes were made; I didn't do it; And if I did; There's nothin' to it" Jim Ragan - "For The People...

This weekend's elections in France may portend a serious shakeup in European politics. Nicolas Sarkozy lost the first round of elections...

I haven't written lately about Europe. The news isn't good. While the European Central Bank has recently taken useful measures to ea...

Paul Krugman has posted another update on Hungary by his colleague, Kim Lane Scheppele. The news is really not good. Hungary is on the cusp...

One of the delights and frustrations of the internet is that one often receives compelling information or thoughts passed on from some unkno...

Here is a link to an article in GQ magazine with illustrations of the major players in the debt ceiling controversy.  Take a look. How many...

Next year will be the tenth anniversary of the introduction of the Euro into circulation. We were living in Europe (though not in the Euro...

News from Europe isn't improving. Today, Germany attempted a bond auction and couldn't find buyers for about a third of the bonds. L...

So now, at the insistence of Brussels technocrats, economist Mario Monti has become Prime Minister of Italy. This completes the process be...

Europe doesn't seem to be getting its act together. The new head of the ECB does look more willing to take action, but the pressure for ...

Looks like Prime Minister Papandreou has backed off of his plan to hold a referendum on the EU "rescue" [read: punishment] plan fo...

Strong concerns yesterday about the European debt package adopted last Wednesday/Thursday by the EC were expressed Friday by both economists...