What history teaches about inflation

"The Fiscal Theory of the Price Level" is the title of the new book by John H. Cochrane, which the economist presented at the IMFS. The author, who also runs the blog "The Grumpy Economist," is a senior fellow at Stanford University's Hoover Institute.Watch the video of the presentation.

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The legal foundations of the European Monetary Union

The English commentary on all 50 articles of the Statute of the European System of Central Banks (ESCB) and the ECB published by Professor Helmut Siekmann and titled "The European Monetary Union - A Commentary on the Legal Foundations" explains the complete legal basis of the EMU.

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Does wealth inequality motivate or discourage?

In a guest article in the "Börsen-Zeitung," Prof. Michael Haliassos explains how people with higher education perceive wealth inequality as an opportunity and what options there might be to make it easier for the less educated to access financial products.

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