from Anatole Kaletsky:

Time to stop following defunct economic policies

By Anatole Kaletsky
April 19, 2014

Can economists contribute anything useful to our understanding of politics, business and finance in the real world?

from MacroScope:

Is it time for the ECB to do more?

March 31, 2014

From financial forecasters to the International Monetary Fund, calls for the European Central Bank to do more to support the euro zone recovery are growing louder.

from MacroScope:

Euro zone inflation falls again; economists base ECB rate cut calls on deja vu

February 4, 2014

Euro zone inflation has dipped again and some forecasters are hedging their bets on the policy response by saying the European Central Bank could either cut rates this week or sometime in the next two months.

from MacroScope:

Shock now clearly trumps transparency in central bank policymaking

January 29, 2014

The days of guided monetary policy, telegraphed by central banks and priced in by markets in advance, are probably coming to an end if recent decisions around the world are any guide.

from MacroScope:

Beware the bias in euro zone forecasts (again)

October 29, 2013

Next time you ask an economist a question about the euro zone, be sure to enquire where their head office is based.

from MacroScope:

How to play down a housing boom like it’s 1999

October 16, 2013

Here's some of the top reasons from a 1999 Reuters poll on why a housing bubble wouldn't form, which are re-appearing 14 years later.

from MacroScope:

Britain’s Help to Buy – what the forecasters say

August 28, 2013

Now Britain's housing market is showing real signs of life, should the government abandon its "Help to Buy" scheme to boost access to the market for homebuyers?

from The Great Debate:

Five years after recession, we still can’t agree on what causes joblessness

By Allison Schrager
August 28, 2013

Although the Fed announced months ago it is considering pulling back its purchase of assets, unemployment remains historically high. What, if anything, can the government do to get people back to work?

from MacroScope:

Does less QE from the Fed necessarily mean a stronger dollar?

August 16, 2013

Based on the latest U.S. Treasury flows data, it may be time to ditch the textbook theory that says less monetary stimulus means a stronger currency - at least for now.

from MacroScope:

India is in a cloud of economic optimism but its industrial data are in a permanent fog

August 15, 2013

Optimism the Indian economy will soon recover, despite no sign that it is anywhere near doing so, has increasingly led forecasters to overestimate industrial production growth.