What should be done about Greece – and what is likely to happen
10 July 2015 By Richard A. Werner Will Greece default or exit from the euro, or both? First, I will describe the best course of action, then what I think will happen. The two are not the same: In...
View Article„Negative“ Interest Rates and the War on Cash
The talking heads featured on the corporate mainstream media have started to disseminate the idea that cash is a barbarous relic and needs to be abolished. Central bankers have been particularly...
View ArticleIs Germany to blame for the European mess?
I have recently been asked a few questions about the role of German current account surpluses in the problems encountered in Europe and in particular the eurozone. Below are the questions and the...
View ArticleEU Basics – Your Guide to the UK Referendum on EU Membership
by Professor Richard A. Werner, D.Phil. (Oxon) 20 June 2016 The British people should be clear about just what they will be voting on at the EU referendum this Thursday. What does it actually mean to...
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