WP 2017-02. The prevailing opinion among national governments and supranational institutions is that climate change science is settled and drastic cuts in the emissions of CO2 and other greenhouse gases…
Publications
International trade is essential for economic growth. Similar to last year, global trade is expected to grow less than global GDP in 2017. This is not good news, especially when…
Given the effort being invested into the banking turnaround story by the European authorities, and in particular the European Banking Authority, and the cohesive international supervisory effort being spearheaded by…
Last month, we reported on compliance failures at very senior levels of the Bank of England, resulting in the resignation of Charlotte Hogg. There was another scandal, also involving the…
IREF is a free-market oriented think tank based in France. It promotes ideas, debates, events, and rigorous academic research. With regard to research, IREF supports original research projects that lead…
Rule Flouting Politicians and the Willingness to Cooperate The market oriented democracy in the West enjoys a historically unprecedented period of wealth and peace today. This success is based primarily…
The EU is facing difficult challenges within its borders (weaker economic performance and Brexit) and outside (a more inward-looking America). The Commission has recently released a White Paper describing possible…
Kevin Dowd is professor of finance and economics at Durham University. Kevin has written extensively on the history and theory of free banking, central banking, financial regulation, and monetary systems.…
We believe that the ECB is presently using monetary policy in effect to conduct fiscal, as well as monetary policy. Elected politicians should be up in arms; that they are…
The Bank of England is the focus of two separate news items. Firstly, the BBC has apparently uncovered a videotape evidencing that the Bank strongly pressured commercial banks to falsify…