Wolfgang Munchau's Euro Blog
Ben's depression
19.03.2008A return to a monetary policy to stabilise prices ended the Great Depression in the 1930s. This time it will work the other way round. Once the Fed is forced back onto a path of price stability, our depression will begin.
Is US inflation at 8%?
12.03.2008Some estimates suggest that we are consistently underestimating the rate of US inflation. While I am largely agnostic on this particular issue, I strongly believe that we need a debate about how we measure prices. (Note to readers: The guestbook entries are working again.)
Time to stop forecasting, and to start thinking
06.03.2008Forecasts that Obama will win the presidency, and that inflation is falling have in common that they mean nothing at all.
The cause of tax evasion are taxes
20.02.2008Germany's jihad against tax evaders is a macroeconomic non-event.
When tragedy turns into farce
13.02.2008Sarkozy is quickly becoming an irrelevant political leader.
Some thoughts about Berlusconi
05.02.2008Berlusconi will almost certainly win the elections, but that does not necessarily mean he will be the next PM.
