New-year revellers will have to pay more to celebrate with German bubbly (1)
Slovakia believes in the euro zone’s rules. Not a popular stance (3)
Lenders hope to capitalise on a rebounding car market (0)
In this blog, our correspondents consider the fluctuations in the world economy and the policies intended to produce more booms than busts
Because markets expect growth
(John Makin)
Creditors are losing faith in borrowers
(Laurence Kotlikoff)
Get the very latest economics news by following The Economist's economics coverage on Twitter: @econeconomics.
Online data provides a real-time look at inflation More »
European leaders try to ignore ambitious new ideas to save the single currency More »
We invite you to predict when China will overtake America
Europe's economies are moving in different directions
Paul Krugman's predictions from 1998
(Marginal Revolution)
How robust are Julian Simon's predictions
(Marginal Revolution)
Consumption, imports, and prospects for US external balances
(Econbrowser)
Velocity of money
(Econbrowser)
A physicist solves the city
(New York Times)
Strategic automaker responses to fuel economy policy
(James Sallee and Joel Slemrod)
Contagious mortgage default
(Øystein Børsum)
What the North and South Koreans can learn from the reunification of Germany More »
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Why is anyone at all shocked?...higher risk = higher borrowing rates. The markets are beginning to function properly again, and we should all be encouraged by this nascent rebirth of capitalism.
More »I can see how Ireland and other highly endebted Euro countries can stay in the Euro, if their governments implement policies designed to lower unit labor costs. What I don't see is how the debt can be repaid.
More »The idea that most people can easily move from one country to another within the European Union to take a better job is a dream that exists only in the minds of some Eurocrats...
More »Money buys something not mentioned: security. Only those who already have house, social insurance, educated children and good pension will give away extra money for happiness.
More »Indeed, demand occasionally outstrips supply, an ongoing reality for any scarce good. The question then becomes: how can we reward suppliers to invest the sufficient capital ahead of time to meet the expected demand?
More »Sovereign-default scheme - Before evaluating the haircut, there should be some selling of the less immediately useful public assets, like a few war ships, fighters, submarines, etc...
More »