Edward Hugh, RIP

Unfortunately the dark and cold days of winter tend to bring some untimely departures and this season’s deaths now include our blogging colleague Edward Hugh, who we gather died yesterday in Spain. Edward’s posts here and on other platforms marked him out as someone with the fresh eyes of an economist who had made his own way to an analytical framework that found its ideal subject in the Eurozone financial crisis. The slow-burning demographic strains of which Edward had long written remain even as the banks get very slowly cleaned up, and are of course a subtext to the current migration crisis. Here’s a link to the New York Times profile of Edward from a few years ago which further broadened his audience.  Our condolences to those who knew Edward best.

UPDATE: The New York Times has a nice obituary.

1 September 2003 – A day that lives in infamy

We’ve managed to miss our own ten year anniversary, so a very heartfelt and sentimental happy belated to us. It’s a grand old age for a blog, and I think we’ve maintained very high standards year after year. It’s everything I could have hoped for ten years ago and I’m immensely proud of my part in all this. “This is the blog you want for creative, English-language coverage of European affairs”, we boasted, and I think we delivered.

Cheers to my fellow contributors, to Nick Barlow who hopped on board, to Matthew Turner, Tobias Schwarz, and Scott Martens who came along, and to Doug Merrill, Edward Hugh, Mrs Tilton, Scott MacMillan, Claudia Muir, Douglas Muir, Alex Harrowell, Guy La Roche, Iain J Coleman, Jurjen Smies, Emmanuel, Brussels Gonzo, Charlie Whitaker, Jamie Kenny, P O Neill, and Kantoos.

It’s also a reminder to get moving on a long-delayed overhaul of the site. Plans are already in place, so stay tuned.

Updated: Reminder: Edward at the LSE tonight

For everyone of you, gentle readers, who’s in London tonight  – Edward will be speaking about “How Life In The Internet Changes The Practice Of Macroeconomics” at the LSE tonight. Here’s the details from the LSE website. If there’s a video of the talk, I’ll add it here, once it’s published.

Date: Monday 14 February 2011

Time: 6.30-8.15pm
Venue: Sheikh Zayed Theatre, New Academic Building
Speaker: Edward Hugh
Chair: Professor Luis Garicano

Update: And here’s the video of Edward’s talk.

Are you interested in an afoe app?

Gentle readers,  as you are certainly aware, there have been a couple of technological advances since the first post was written by the fistful in September 2003. One of the most important of those has certainly been what is often called “the mobile web”. Since more and more people are consuming their news and reading blogs on mobile devices, I was wondering if there is a demand among you, gentle readers, to read this blog in the form of a native app for your favorite mobile operating system, or if you are still entirely ok with using the website or our RSS-feed.

So I created the following poll, which you can use to help decide that question.

[poll id="28"]

But as to so many things, there may be a backend to the first question. So, if you answered “yes” in the first poll, it would be great if you could also indicate if you’d be ready to chip in for the added development costs (developer program participation, etc…), or not. For that, I’ve created the following poll.

[poll id="29"]

Thanks for your help!

Welcome New York Times readers

We hope that you’ll look around the entire blog, but here are all the AFOE posts of Edward Hugh.  One suggestion to the NYT editors — an extra comma is needed to ensure that people don’t think there’s a blog called A Fistful of Euros Global Economy Matters.

UPDATE: The NYT article now includes the necessary comma and a link (which may have taken the site down for a brief period).

Tweeted and Facebooked.

To keep up with the fast changing world of social media, in addition to our recently added Twitter feed, A Fistful of Euros now also has page on facebook, which allows you, our gentle readers, to become an outspoken “fan” of afoe, and discover freshly published afoe posts right in your facebook activity feed. Have a look. Just click on the links in this post, or on the twitter or facebook icon in the sidebar.

Don’t Get Carried Away Now!

As Paul Krugman recently pointed out, one of the central points they made in the latest IMF World Economic Outlook was that recessions caused by financial crises tend to get resolved on the back of export-lead booms, with countries normally emerging from the crisis with a positive trade balance of over 3 percent of GDP. The reason for this is simple, since consumers are so laden-down with debt from the boom period, they are naturally more obsessed with saving than borrowing during the initial crisis aftermath. So much then for the typical crisis, and the typical exit. But musing on this point lead Krugman to an additional, rather disturbing, conclusion: since the present financial crisis is truly global in its reach, the habitual exit route to recovery will only work after we are able to identify another planet to send all those exports to (shades of Startreck IV). The joke may seem a rather exaggerated one, in poor taste even, but behind it there lies a little more than a grain of truth. Continue reading

afoe update tweets

Since Twitter has become a rather popular way to communicate, there’s a chance that some of you, gentle readers, are using it, too. So if you’ve grown tired of your good old RSS-reader and think that webpages are so 2004, you may be pleasantly surprised to learn that you can now also follow all updates on A Fistful of Euros via twitter – the account is “@afoe_tw”. (http://twitter.com/afoe_tw)