Money matters? Perspectives on Monetary Policy

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CNBC: Polemiche su Bce, “L’Italia rischia di farsi male da sola”
Milano Finanza (12/2022): l’Italia deve supportare la retorica di Lagarde
Milano Finanza (07/2022): Bce e scudo anti-spread con condizioni
EuroNews (07/2022): Giusto aumento di 50 punti base, manca politica fiscale europea
Milano Finanza (05/2022): Europe day, le sfide aperte sul piano economico
Milano Finanza (04/2022): Macron riconfermato, un sospiro di sollievo per l’Europa
Milano Finanza (01/2022): ecco perché deve essere cambiato il Patto di Stabilità

The Value of Money – Controversial Economic Cultures in Europe: Italy and Germany – with C. Liermann Traniello, T. Mayer, and M. Scotto
Central Banking in Turbulent Times – with Tuomas Välimäki
The concrete euro– Oxford University Press
The International Monetary System – Cambridge University Press
La banca centrale europea – il Mulino

Remembering the League of Nations
by John Nugée
The League of Nations is little understood and little studied these days. It only lasted a couple of decades, and the general verdict is that it was a failure. But that is to understate both the vision and ambitions of those who created it, and the influence that the League and its principles still have […]
The Bank pauses
by John Nugée
Last week finally brought some rather better news for the UK economy, as the latest inflation figure came in below both the previous month’s level and the market’s expectations. The Chancellor responded with a statement that “the plan is working”, and the Bank of England paused its interest rate increases and left its key lending […]
Some further thoughts on AI
by John Nugée
My piece on AI last week drew a wide response from my readers, ranging from discussing the challenges of regulation to exploring what granting AI the status of consciousness might in practice mean. On most of these, I confess I join with those asking questions rather than having answers. Continue reading