Monday, January 6, 2014

European Amnesia: Lithuania Considers Euro Adoption

 
Well, it is quite apparent that the euro crisis had done little to transform the sociology of knowledge concerning inherent problems related to common currencies; Lithuania is on track towards adopting the Euro. Read here. A related post on the issue can be seen here.

PS: Euroization is similar (wrt consequences for countries in the periphery) to the process of dollarization - see here.

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Functional Finance, MMT and Blanchard's Presidential Address

So Olivier Blanchard gave the AEA presidential address at the Atlanta meetings earlier this year. If you missed it you can watch it here . ...