Where will be an important conference from 26.-28. November in Berlin on the need to reform economics education and on ways to do this. The meeting will be held partly in English, partly in German at the Berlin School of Economics and Law (HWR)
11. October 2015 | The Group of Thirty, a mixed group of international commercial bankers and central bankers, has just released a report on central banking. The report is again presented as if it was representing the opinion of the group as a whole, including Mario Draghi. This proves that the new guidelines for communication […]
Early in 2013 the EU-Ombudsman ruled on a complaint of Corporate Europe Observatory and found that ECB-President Mario Draghi can legitimately be part of the Group of Thirty, a mixed group of international bankers and central bankers. My research shows that the reasons he gave at the time are not valid any more. Draghi will […]
Presentation for the seminar “Economics and Power” on 23 March 2015, House of Lords, London: Ladies and Gentlemen, To pay tribute to the Marxist jargon, in which Lord Skidelsky has phrased the title of my subject, I would like to start with a quote from Karl Marx: “The ideas of the ruling class are in every […]
In June 2011, Spiegel Online conducted and published a remarkable interview with Albrecht Ritschl. Ritschl is one of Germany’s most renowned economic historians, teaching at the London School of Economics. Already for years ago, he warned that Germany, being the worst debt offender in history, would ultimately regret it, if it insisted on behaving like the tough […]
On 11 February Greek finance minister Varoufakis outlined his request for help and the concessions his government was willing to make in front of the Eurogroup. According to reports it was mainly his German counterpart Schäuble who blocked any agreement on this basis until the Eurogroup finally agreed on a statement on 20 February. It […]
On 16 February talks in the Eurogroup failed after Greece rejected a draft statement and received an ultimatum to ask for an extension of the current program before 20 February. Greece sent the letter and the Eurogroup reassembled on 20 February, agreeing on a Statement on Greece. It is very instructive to see what changed between […]