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Tag Archives: Target2

A delightful read

 Recensione su Brave New Europe Grazie Mat! Heterodox Challenges in Economics by Sergio Cesaratto February 24, 2021  Book Review by Mathew D. Rose I never thought that I would describe an economics book as “a delightful read”, but “Heterodox Challenges in Economics” by Sergio Cesaratto is exactly that. It is well written, often entertaining and humorous, and explains a great deal about political economy, which is then applied in an analysis of the...

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Greece on the verge

Jean François Ponsot, Jonathan Marie and @NakedKeynesI'm in France for a talk at the Université de Paris XIII, invited by Jonathan Marie and Dany Lang. The Greek crisis looms large in everybody's minds. I gave a talk based on two papers, one published here, and the other (specifically on the Spanish crisis) just finished, which will soon come as a working paper. But I discussed to a great extent the debate between Sergio Cesaratto and Marc Lavoie on the nature of the European crisis, that is,...

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Oh dear, Professor Sinn……

Hans Werner Sinn has apost on Project Syndicate which purports to explain why the plans of Greek finance minister Yanis Varoufakis are much cleverer than anyone has realised. I don’t disagree that Mr. Varoufakis’s plans are clever: indeed I have written several posts on Forbes explaining just how clever they are. But Professor Sinn’s explanation, sadly, is very wide of the mark. Here is Professor Sinn’s description of Mr. Varofakis’s strategy: Plan B comprises two key elements. First, there...

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