Jesús Huerta de Soto and Philipp Bagus
29 June 2015
1 comment

The ECB has finally launched its own open-ended Quantitative Easing (QE) planning to buy securities worth of €1.1tr euros. This unprecedented move requires a convincing justification. One...
Philipp Bagus
6 June 2014

Thomas Piketty´s book, Capital in the Twenty-First Century, on growing inequality in capitalism, has become a bestseller. Piketty offers much data claiming that inequality is rising and draws...
Philipp Bagus
28 June 2011

A second aid package to the Greek government hinges on severe austerity measures. Why doesn’t Greece simply default and leave the euro as so many Greek protestors demand on the streets...
Philipp Bagus
25 January 2011

Italy, Spain, Belgium and Portugal will need to raise over $800 billion in 2011 to cover roll-over debt and new borrowing. It is unclear if the eurozone will withstand the pressure of bond markets...
Philipp Bagus and David Howden
30 November 2009

While quantitative easing has received much press, qualitative easing has been neglected. Qualitative easing consists of policies that deteriorate the average quality of the assets that a...