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Can We Question Holocaust Memoirs?

January 27th, 2015
in Op Ed

by Anna Hájková, The Conversation

As we approach the 70th anniversary of the liberation of Auschwitz on January 27, the victims of the Holocaust stand, with a good reason, at the centre of our attention. It is survivors' memoirs that shaped our understanding of this genocide. Yet this focus on the survivor sometimes goes hand in hand with an ahistorical, idealised reception of their memoirs.

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Peter Thiel Explains What Backs the U.S. Dollar

January 26th, 2015
in Op Ed

by Chris Mayer, Daily Reckoning

Peter Thiel seems an unlikely source for such an important monetary insight. He's a hedge fund manager and venture capitalist. He was the first outside investor in Facebook. And perhaps most famously, he's one of the co-founders of PayPal.

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Fixing the Hole in the Heart of Corporate Capitalism

January 26th, 2015
in Op Ed

by Jeroen Veldman, The Conversation

Modern capitalism has a massive structural flaw in one of the cornerstones of its existence. The corporations which form the predominant business structure and which are the main instrument for dividing wealth have been operating on a false premise.

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De Grauwe on ECB QE – Since When are We all Monetarist?

January 25th, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

Paul DeGrauwe has an article on FreeExchange, which is hosted by The Economist:

Since Milton Friedman we have all become monetarists. In order to raise inflation it will be necessary to increase the growth rate of the money stock. This requires that the ECB increase the money base. And to achieve the latter there is only one practical instrument, ie, an open-market purchase of government bonds. There is no other way to raise inflation than through an increase in the money base and a bond-buying programme is the time-tested way to achieve this.

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Why Does the Euro Need a Liquidity Fix?

January 25th, 2015
in Op Ed

Answer: It Doesn't

by Constantin Gurdgiev, TrueEconomics.Blogspot.in

So Euro area needs liquidity... sovereign liquidity, right?

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