At the beginning of 2002 a new currency, the Euro, was launched; it had taken ten years to organize. The new money was to serve as a common currency for the nations of the European Union.

This is a very brief overview of the countries that use the Euro and the currency itself. This is to replace the section of our textbook that talks about Marks and Pfennig. I thought it was time for an update.



The accompanying...

In part 4 of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis's new book The Global Minotaur: America, The True Origins of the...

In part 1 of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis's new book The Global Minotaur: America, The True Origins of the...

I just re-read the introduction for Hans Werner-Sinn. There's a few grammatical errors that I picked up. Maybe you can replace with this version (which fixes the mistakes):



As the interview with Hans Werner-Sinn...

The European project, which was designed to bring lasting peace to the continent, is under threat.





How?

Through the insistence of elites that a common currency should be imposed, but under...

From the very start, the European Monetary Union (EMU) was set up to fail. The host of problems we are now witnessing, from the solvency crises on the periphery to the bank runs in Spain, Greece, and Italy, were built into the very...

Kevin O'Rourke describes a political trilemma in Europe. He says that if the nation state remains dominant in the Eurozone, the trilemma suggests two possibilities. Either public opinion is successfully ignored in countries like...

In part 3 of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis's new book The Global Minotaur: America, The True Origins of...

And how do they relate to our democratic institutions and institutional social relations? We debate these topics with Italian author Thomas Fazi, focusing on Europe but searching for answers to the most divisive economic debates of our...

Welcome to our new video series titled "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today.



This episode...

UC Berkeley’s Barry Eichengreen continues to hold the view that the breakup of the Euro will be too difficult and costly for member countries. He argues that using RMB internationalization to speed up domestic reforms in China is a...

After reviewing the panelists' contributions, Wendy Carlin points out that the expectations of Europe's core and Europe's periphery haven't been met. The core, notably Germany, entered the European Monetary Union with a view to the...

In this INET interview, Kevin O'Rourke, Professor of Economics at Trinity College Dublin, warns that a socialization of Irish debts will eventually lead to sovereign default, and that amid austerity measures and bank bailouts right-wing...

In Part 1 of this five-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with financial commentator John Mauldin about Mauldin's new book Endgame: The End of the Debt Supercycle and How It...

In Part 5 of this five-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson asks John Mauldin how young people should prepare for some of the difficult realties of the 21st century. Mauldin makes the...

The great achievement of the EU has been to reduce the probability of violent nationalist conflict among some of its members to a vanishing small probability while improving the economic lot of its members. But in spite of...

INET interview with Erik Berglof, Part 2 of 4

As we approach the impending independence referendum in Scotland, it is noteworthy that we no longer hear economic comparisons between the so-called “Celtic Lion” and its neighbor to the West, the once “Celtic Tiger” of Ireland. ...

In part 2 of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis's new book The Global Minotaur: America, The True Origins of...

In Part 3 of this five-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with John Mauldin about the long-term debt problems in developed countries. Mauldin says that contrary to recent...

Martin Wolf, Chief Economics Commentator of the Financial Times, speaking at INET's Bretton Woods Conference on April 10, 2011.<br/>

In Part 4 of this five-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with John Mauldin about the possibilities for the future of debt-burdened countries in the developed world. Some of them...

Nina Eichacker, assistant professor of economics at the University of Rhode Island, explains how the European “troika” enforces austerity, at the expense of ordinary people.<br/>