Antonio Fatás
Antonio Fatás's Latest Articles | 65
The Overvalued Euro
Over the last months the Euro has drifted from about 1.45 USD to below 1.30 and some commentators see this as the sign of the decline of the Euro, driven by all... Read »
New Treaty, Same Old Flaws
The European Union member states (with the exception of the UK and the Czech Republic) agreed yesterday to a new Treaty on “Stability, Coordination and Governance”.... Read »
A Matter of Faith (in Markets)
Alan Greenspan contributed yesterday to the Financial Times debate about Capitalism in Crisis. The title of his article was “Meddle with the market at your... Read »
What We Do with the Debt Matters
Here is a follow up to my previous blog entry on the meaning of gross debt. Paul Krugman thinks that I went too far when I argued that there is no need to worry... Read »
No Need to Deleverage Gross Debt
The McKinsey Global Institute has produced a new report with the title “Debt and deleveraging: Uneven progress on the path to growth”. The report discusses... Read »
ECB: Assets=Liabilities
Statistics released today about the ECB balance sheet show that Euro banks have a record level of deposits at the ECB (about €500 billion). The press tends to... Read »
Bazookas, Bailouts and Fiscal Policy
As a result of the financial crisis, economic policy both in Europe and the US has been driven by announcements of plans that involved large sums of funding provided... Read »
Financial Repression German Style
Last weekend I attended the American Economic Association meetings in Chicago where I had been asked to discuss a paper on historical lessons lessons on government... Read »
Learning from 2011, Hoping for a Better 2012
Here is a summary of two very interesting articles that look back at the economic developments in 2011, what we have learned and what to look forward in 2012. Charles... Read »
Debt Does Not Matter. Spending and Taxes Do
Paul Krugman makes the point that government debt matters less than most people think because in some cases we simply owe money to ourselves. He is right and what... Read »







