The Euro Backlash is a Predictable Feature of Political and Monetary Centralization

Ambrose Evans-Pritchard details the increasing level of Greek defiance to its ECB overlords in the wake of a left-wing, populist uprising in recent Greek elections. It has become blatantly obvious that the political, legal, fiscal, regulatory, and monetary centralization project known as the EU has increased rather than decreased nationalist impulses in Europe.

How Economic Aggregation Hides the Problems of Interventionism

I was going through the textbook for my economics principles course recently, thinking about how I could better reconcile the fact that since only individuals choose, the logic of economics is about individual choices facing the fact of scarcity. Yet macroeconomics is generally presented directly in terms of aggregates and how to control them, as if aggregates were the relevant measures.