Latest posts
A New Chapter For Weight Loss
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Obesity and being overweight are the common health problems that have affected almost half of the population worldwide. That is why it is of good intention to help friends lose weight if ever you are asked for assistance during their weight los...
Modern Weight Loss Style
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In today’s world of dieting, who says you cannot look good while burning those icky excess body fats? For the serious dieters, fashion and weight loss can come hand in hand. When doing fitness exercise programs, it gives you better...
The Proper Foundation Of Weight Loss
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Of all the topics widely searched on the internet, the subject of losing weight has been ever present for a decade now. More people are just simply in the search for a quick diet program to immediately get visible results. However, most d...
Simple And Healthful Diet Recipes
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Working on weight loss may not be easily done without the proper mindset and doing some sacrifices. One of these sacrifices in dieting is making the effort of cooking your own meals. If you are gifted with a bit of kitchen skills, t...
Hello world!
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Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
Hello world!
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Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
Yanis on AD
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Yanis Varoufakis has a detailed reply to my last post. One quote: With an ECB that ensures that no banks ever die, however sick they might get, a zombified, undead, network of disparate banking systems goes on ‘living’ without however having the...
The over-investment under-investment crisis in Greece – continuing my debate with Yanis Varoufakis
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Yanis Varoufakis has, in my view prematurely, ended our blog debate recently. There are still things we need to discuss – not because I want to convince Yanis of my views, but because I want to discuss them for the sake of the (German) reader to un...
Sunday fun and a serious response from Yanis
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Some fun before we start: two tweets from Stephan Ewald. Thanks, Stephan, always a pleasure to have such a well-argued economics discussion with you. Yanis replies, of course, differently. But he fails to understand that his thought experiment requir...
Yanis’ utopian thought experiment
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In my ongoing debate with Yanis Varoufakis, he writes in a new post (I had criticised him for implying that Germany sought retribution against Greece): I beg to differ. While my 1st Principle bans me from generalisation, this ban cuts both ways: if G...
The exit option – why Yanis’ views are inconsistent
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This is just a short one in my ongoing discussion with Yanis Varoufakis, which in our terminology is KE5, but refers to YV1. After listing all the negative implications that an exit would have for Germany – legally, economically, politically – Ya...
Γερμανία, ο νέος εχθρός της Ελλάδας? Yet another response to Yanis’ response.
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This is yet another post in my ongoing discussion with Yanis Varoufakis. Please have a look at Yanis’ most recent response on the transition period to his Modest Proposal. Three quick remarks before I start with the topic of this post: The MP b...
Modigliani-Miller and Yanis’ response No. 2
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Yanis answers once more, directly to the first part of my response, before I had the chance to write my second part. He suggests that we should clearly mark our responses as this discussion is likely to continue – which I look forward to! So this p...
No diamonds without pressure? Yanis’ response, Part 1
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Yanis Varoufakis, whom I recommended to you in my last post, has written an extensive reply, for which I would like to thank him. I also think that such a debate is the best way to counteract the unfortunate mutual disdain that seems to be growing be...
Yanis Varoufakis on “fiscal water-boarding” and ECB bonds
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Yanis Varoufakis has been covering the Euro Crisis for quite some time and wrote a “Modest Proposal” to solve the crisis early on, that he updates regularly. I have been following his writings and also recommended him in my recommended...
German fiscal stimulus
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The WSJ has an interesting piece about the potential and likely effects of German fiscal stimulus (by Amit Kara, UBS): The euro-zone economy is stagnating, and many argue that Germany is partly to blame. German households and corporations tend to sav...
OOH, do we measure inflation correctly?
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I am very glad to welcome this guest contribution by David Lizoain on how to measure inflation correctly in the Eurozone. It is a difficult, and at times dry topic, but I encourage you all to read David’s excellent summary of the issues below.
The Economist on German macroprudential regulation
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The Economist picks up the same issue as I have in my last two posts: is it possible for individual countries to employ macroprudential regulation to counteract monetary policy nationally? Is it useful if Germany does so? Here are some bits, but do r...
How should we divide AD in Europe? Some responses.
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Tim Duy, one of the best Fed-watchers out there (this was a hint for my German readers, elsewhere everybody knows this anyway), has a very good response to my last post in which I asked Paul Krugman for help, basically on how to divide aggregate dema...
A European macro-question for Paul Krugman
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What do you do, when a (macroeconomic) debate is hard to settle? Well, you can either leave it at that, and agree to disagree. Or you can try to find a referee to settle it for you. I will try the second route today, and I hope that Paul is willing t...
