…funny and so true. The state of Ohio supreme court . . . And regarding the food item’s being called a “boneless wing,” it is common sense that that label…

…of the appropriate policies reveals a split with the other members of the governing “troika,” the European Commission (EC) and the European Central Bank (ECB), which have emphasized short-term fiscal…

…pull an ECB, and raise rates even though the economy is still depressed and underlying inflation is still low. As it was, however, few people expected the Fed to pull…

There is growing discord between the ECB and national politicians over a ‘soft restructuring’ of Greek debt. The ECB doesn’t want it, while national policy makers grapple over it. And…

…monetary policy in late 2008. Monetarists will usually say that M2 is the best criteria for the stance of monetary policy. By that criterion the ECB adopted an ultra-tight monetary…

…exchange rate index. I’d like to hear how you all think that Spain’s going to get through this as the ECB raises short-term rates (for those of you who do…

…that if Ireland didn’t apply for an EU/ECB/IMF bailout for its failed banking system, its soaring budget deficit and its colossal national debt, then the European single currency might collapse…

…effect when nominal depreciation is out of the question (as is the case for the Eurozone). On to the second reason why German inflation is important: the ECB average inflation…

…as the ECB’s president, Mario Draghi, said at the ECB conference where Mr. Krugman is presenting his case for a higher inflation target… “Mr. Draghi’s response: try telling that to…

As the ECB (European Central Bank) loosens monetary policy even more in the face of falling inflation, we will see a test of the Fisher Effect. The idea is that…