Economics · Neoliberalism

“The Euro: How a Common Currency Threatens the future of Europe” by Joseph E. Stiglitz

  This book is a summary of Joseph Stiglitz’s recent book titled “The Euro: How a Common Currency Threatens the future of Europe.” Preface Europe Is in bad shape. Spain’s unemployment rate has fallen from 26% in 2013 to 20% at the beginning of 2016. And this is what counts for good news in Europe. There…… Continue reading “The Euro: How a Common Currency Threatens the future of Europe” by Joseph E. Stiglitz

Economics · Neoliberalism

“Exorbitant Privilege”, by Barry Eisengreen

Below are some brief notes on Eisengreen’s book Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System.  These notes basically explain how exorbitant privilege Works: The idea of Exorbitant privilege begins with the fact that the world Reserve currency is the dollar. And also almost all international trading is…… Continue reading “Exorbitant Privilege”, by Barry Eisengreen