FRANKFURT – During the recent hearing on the constitutionality of the European Central Bank’s measures to prevent the eurozone from falling …
ATHENS – A visit to Greece leaves many vivid impressions. There are, of course, the country’s rich history, abundance of archeological sites…
ATHENS – The centrality of Germany to Europe and, more widely, to world affairs has been amply, and often bloodily, demonstrated over many c…
CAMBRIDGE – It seems that austerity is out of fashion in the eurozone – at least for the moment. The European Commission has given Spain, Fr…
LONDON – A changing of the guard is underway at many of the world’s leading central banks. Haruhiko Kuroda is now installed as the governor …
BRUSSELS – European policymakers have decided that they must be seen to be “doing something” about youth unemployment. A special summit of E…
PRINCETON – It is increasingly popular to think of Europe in binary terms. French President François Hollande is constantly flirting with th…
NEW HAVEN – The high unemployment that we have today in Europe, the United States, and elsewhere is a tragedy, not just because of the aggre…
PARIS – In early 2010, a group of men (and a few women) in dark suits landed in Athens. They belonged to a global institution, the Internati…
PRINCETON – In April 2010, the International Monetary Fund’s World Economic Outlook offered an optimistic assessment of the global economy, …