Financial MarketsMoney and Banking
Works Published inSpeeches and PresentationsMises Daily ArticleQuarterly Journal of Austrian EconomicsThe Free Market
AwardsO.P. Alford III Prize in Political Economy
Dr. Thorsten Polleit, Chief Economist of Degussa and macro-economic advisor to the P&R REAL VALUE fund. He is Honorary Professor at the University of Bayreuth.
Global EconomyMoney and BanksMoney and Banking
The euro is already in deep trouble, and the less enthusiastic globalism likely to be offered by Trump will be another blow to the European project.
Negative interest rates have proven to be unpopular with the public. But the central banks have other strategies up their sleeves.
Global EconomyWorld HistoryInterventionism
The EU is a case par excellence illustrating the failure of economic interventionism. Britain would be wise to leave it behind.
Europe may turn to "helicopter money" as an easy solution. The problem of deciding who gets the money isn't quite so simple.