-
Recent Posts
- U.S unemployment rises slightly to 7.6% Canada falls slightly to 7.1%
- European obsession with austerity and inefficient job search repeats error of the 1930s
- Stock market jitters focus on false fears about end of Quantitative Easing
- The Perils of Polling: B.C. election delivers rude surprise to pollsters
- Canadian unemployment stable at 7.2 % inflation falls to -0.4 % seasonally adjusted annual rate.
Recent Comments
Archives
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
Categories
- Alberta
- American Presidential election
- austerity
- balance of payments
- business cycles
- Canada
- China and europe
- cinema
- civil liberties
- classical economics
- community
- Cyprus banks
- deficit hysteria
- deficits and debt
- European debt crisis
- European financial stability fund
- European unemployment
- Federal Reserve
- fiscal policy
- France politics+economy
- free trade and globalization
- full employment
- Greek sovereign debt crisis
- Hayek
- Health care
- Italian debt crisis
- J.M.Keynes
- Japanese unemployment
- Keynesian multiplier
- Keynesian welfare state
- labour market clearing
- Milton Friedman and NAIRU
- modernism versus ^post modernism
- monetary policy
- Mr.Papandreou and democracy
- natural rate of inflation
- NDP Canadian politics
- Olympic games and winning medals
- progressives
- quantitative easing
- quantity theory of money
- Québec
- Québec election
- Schumpeter
- sovereignty of quebec
- Spain
- the metropolis
- treasury view
- U.K. economy
- U.S.
- UK local elections
- Uncategorized
- unemployment
- urban culture
Meta
Category Archives: balance of payments
Robert Mundell, Columbia University economist criticizes overvalued euro which promotes unemployment and urges QE
Robert Mundell, a Nobel prize winning Canadian economist at Columbia University and a specialist on trade,exchange rates and currencies has wisely critiqued the European central bank for allowing an overvalued exchange rate on the euro which has harmed growth in … Continue reading
Posted in austerity, balance of payments, business cycles, classical economics, European debt crisis, European unemployment, free trade and globalization, full employment, quantitative easing, unemployment
Tagged economy, overvalued exchnage rate on euro, quantitative easing and ECB, Robert Mundell
4 Comments
Trade balances, debt to GDP and unemployment rates of some European countries of interest
Trade as a percentage of the GDP and unemployment rates selected European countries, and debt to GDP ratios. X Country … Continue reading
Currency unions and balance of payments: what lies behind the Greek predicament
One of the relatively unexplored aspects of the Greek debt crisis involves balance of payments issues that are buried beneath the terms of trade upon which Greece entered the European union. Much has been said and written about failure to … Continue reading
