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Department of Economics
Bryn Mawr College
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economics@brynmawr.edu

The Economist: Free Exchange

Wealth of generations

BRITAIN'S pensioners are a spoiled lot. They benefit from perks such as free bus travel and free television licences, and do not have to pay national insurance, one of Britain's two income taxes, o...

Explaining a shocking stat

SINCE publishing our package on energy subsidies last week, a few people have asked us about one particular factoid. In the leader we say:By one count, such handouts [energy subsidies] led to ...

The launch of euro-style QE

AFTER seemingly endless hints, rows and delays, the European Central Bank is finally launching a big programme of quantitative easing (QE), creating money to buy financial assets, in order to fight...

To QE or not to QE

Ugo Panizza, of the Graduate Institute, Geneva, offers his thoughts on Thursday's press conference, when people expect the European Central Bank to announce quantitative easing.IF THINGS go as expe...

The three big misconceptions about the Swiss franc

Switzerland’s cap on its currency, which it removed on January 15th, was unsustainable, protectionist and exposed the central bank to catastrophic losses, according to many commentators. Not so, ...

The sad consequences of the fear of QE

Paul De Grauwe, John Paulson Chair in Political Economy at the London School of Economics, gives his thoughts on the ECB meeting this Thursday, where Mario Draghi is expected to announce a programm...

On the consequences of Mr Draghi’s impending QE announcement

Yanis Varoufakis is a professor of economic theory at the University of Athens and Syriza parliamentary candidate in the general election on 25th January. In November he outlined a plan to rev...

From a very big base

MUCH of the analysis of China’s 2014 GDP data, which the government published today, has focused on the economy’s slowdown. That is, on one level, understandable. Growth of 7.4% was China’s w...

QE is coming, but on German terms

WHEN the European Central Bank’s (ECB) governing council meets on January 22nd, it will take a historic decision. Among the main central banks, the ECB alone has abstained from a big programme of...

The subtle brown nose

This week: monetary policy in Europe, Barack Obama's state-of-the-union address and the World Economic Forum