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Philosophy Of Money by Eric Lonergan
Eric Lonergan's elegantly-written and thought-provoking polemic on th..

Economics is a curious field of study. For a subject that focuses so much on rational behaviour it is distinctly human. The tribalism ..read more

This week’s policy decision by ECB is historic. For some time now, a number of economists have suggested that dual interest rates are ..read more

An ‘Either-Or’ approach to fiscal and monetary policy is mistaken Larry Summers has delivered a pointed and sweeping critique of the ..read more

Should the government run a budget deficit or a budget surplus? What size should the deficit or surplus be? Devising a rule which allows ..read more
Drobny 2012 Japan The post Japan debt monetisation (2012) appeared first on Philosophy of Money ..read more

Only two of the world’s major economic blocks appear to have cyclical autonomy – China and the United States. For many decades now, ..read more

Three validity claims The German social scientist, Jürgen Habermas, has just turned ninety. It is an odd reflection on our times that he ..read more

The future of monetary policy – Dual interest rates The significance of dual interest rates remains under-appreciated. The European ..read more

PM Europe roundtable The post Presentation on dual interest rates appeared first on Philosophy of Money ..read more

Eurozone growth has stalled and inflation is below the ECB’s definition of price stability. As the recent actions of ECB make clear, ..read more

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