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Paul De Grauwe raises very important questions on the institutional structure of Europe and how it must be modified to fortify the euro zone.

The current energy market structures, including the short-run-marginal-price-on-all nature of the current wholesale market, are not fit for a transition to a renewables-dominated system.

This article originally appeared on Bloomberg

In what sense are central banks really independent? From whom are they independent? For whom in society do they deliver?

How must the European institutional structure be modified to fortify the euro zone?

Joseph Stiglitz, Michael Spence and a global team of leading thinkers are calling for new thinking & new rules for the world economy

This article originally appeared in The Sunday Times of London

Venezuela is caught between economic collapse, foreign intervention, and the invisible machinery of the global economy.

The discipline is divorced from real-world relevance and has lost credibility, writes INET Global Commissioner Mohamed A. El-Erian 

Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse

Book review: Michel De Vroey and the problems of macroeconomics

Cross posted from Thursday, February 28, 2008’s broadcast of Democracy Now!

The thunder from the Greek “No” vote in the referendum on Sunday, July 5 continues to roll around the world.

The 21 FMM conference of the The Macroeconomic Policy Institute (IMK) will take place in Berlin on 9-11 November 2017.

Austerity policies will slow recovery and should be rejected