Was monetary policy too tight after the crisis?

By: Patrick Minford, Cardiff University and CEPR

Yes, at least in Europe.

The depression of 2009

Wrong government policies on both sides of the Atlantic are turning a crisis into a catastrophe.

ECB may be more cautious next week than some believe

Policy makers insist that current interest rates are in line with medium term price stability; A total collapse of gas supplies from Russia is becoming increasingly likely; Kostas Karamanlis fires his finance minister, George Alogoskoufis; Sarkozy says he is against consumption stimulus; a German bond auction flops; the US Congressional Budget Office produces a nasty forecast for the US output gap.

The consequences of non-ratification

By: Wolfgang Münchau

Can a country be excluded from membership of the European Union? The answer is yes as long as there was a political will. This column explains on how this can be done, in all its gory detail.

Ireland is wrong to put its miracle at risk

By: Wolfgang Münchau

After a week of what European leaders call reflection, another Irish referendum beckons, to be held early next year. Without it, there might well be an attempt to oust the Irish from the European Union.

It’s democracy, stupid!

By: Stefan Collignon and Christan Paul

In this article, the authors advocate a "coalition of the willing" to form a truly democratic political union.

Time to play hardball with the Irish

By: Wolfgang Münchau

There are only two solutions to the Irish dilemma, both involving the retention of the Lisbon Treaty: Offer the Irish a meaningless protocol that provides guarantees they already have, or force them out of the EU.