Europe
A Former Central Banker Tells Other Central Bankers: “Stay Away From Davos”
In an interview with ProMarket, former Bank of England deputy governor Sir Paul Tucker explains why the “unelected power” of central bankers threatens our...
Does the European Union Use Its Antitrust Power for Protectionism?
The European Commission’s 2001 decision to stop GE’s acquisition of Honeywell might be the most famous of its several decisions to interfere in mergers...
Is Economic Insecurity Behind the Specter of Populism?
A new study examines the role of the 2007–9 global financial crisis and its metastasis in Europe on voting and political beliefs, showing that crisis-driven economic...
Wider and Direct Access to Financial Market Infrastructure Is the Next Step for a More Competitive Financial Market
The potential impact of Europe's revised Payment Services Directive, known as PSD2, should not be underestimated, as banks adapt to a flatter and more competitive...
A Tale of Two Cities: Hamburg and Lübeck
The German cities of Hamburg and Lübeck have an interwoven and eventful history. Whereas Lübeck offers an example of how dominant cities may become unattractive...
The Catalonian Labyrinth [Parts I & II]
The Catalonian problem required farsighted political leadership. We got the opposite, and now the patients are running the asylum, says Tano Santos of...
Italy’s Referendum: You Call it Populism, I Call it Democracy
The “no” vote in Italy’s referendum was not unexpected, economically meaningful, or against globalization. In these regards, it was not like Brexit or Trump....
Can the Euro Be Saved? A Stigler Center Panel Pits Skepticism Versus Optimism
Joseph Stiglitz: "it may be necessary to abandon the euro to save the European project." Markus Brunnermeier: “the situation is improving. The structural reforms really worked,...
The Euro Crisis and The Clash of Ideologies: Q&A with Markus Brunnermeier
Brunnermeier, co-author of the recent book The Euro and the Battle of Ideas, participated in our November 30 event on the future of the euro...
Greater Political Integration is Necessary for a Sustainable Euro
Read an excerpt from Luigi Zingales' 2014 book Europe or Not.
On November 30, the Stigler Center hosted a panel discussion on the future of...
