Well, sort of. I somehow doubt Jean Monnet would have been thinking of this when he came up with the idea of a Europe so closely bound together by trade war would be forever impossible. Rogue Planet reports that the biggest buyer of Bosnian armaments is…Serbia. Bosnia is also the biggest supplier to Serbia. Yes, [...]

Adam Tooze, who (it says here) is a senior lecturer at Jesus College, Cambridge, has a book out; The Wages of Destruction: The Making and Breaking of the Nazi Economy. It is getting some very good reviews, and this one will be no different. Tooze’s thesis is that the Nazi German economy was a more [...]

As Manuel points out in the accompanying post, Romano Prodi’s resignation as Italy’s Prime Minister is a rather sudden and dramatic, but scarcely unexpected, development. The immediate political crisis may be resolved as rapidly as it appeared, but again as Manuel indicates it may only serve as a prelude for further things to come, and [...]

I am very happy to be back here at AFOE, if not only, for a brief one-stop guest post about the economics of the German VAT hike and more specifically how market commentators and analists might just be reading the German economy somewhat falsely at the moment in the sense that they are not taking [...]

When scientific paradigms collide everyone should duck, at least that is the best advice I can offer at the present moment. The provisional German retail sales for January are now in, and they don’t make especially pleasant reading:
“European retail sales dropped for the first time in 10 months in January as spending in Germany [...]

This weekend’s election results in Serbia, and in particular the gridlock state of the political process and the resilience of the vote for the nationalist Serbian Radical Party (as ably explained by Doug in the previous post), pose new, and arguably reasonably urgent questions for all those who are concerned about the future of those [...]

A couple of weeks back I had the pleasure of seeing Alessandro D’Alatri’s recent film La Febbre (Fever). As the reviewer says (Italian link), this is a ‘normal’ (everyday) film, not a great one, even if it does include one or two memorable moments, like the scenes shot along the river bank, [...]

Matthias Matussek, once London correspondent of Der Spiegel and now its culture editor, not to mention brother of top diplomat Thomas Matussek, has a book out. Wir Deutschen: warum die anderen uns gern haben können is meant to be a call for a renewed German patriotism and pride in culture. This would usually suggest a [...]

Andy Xie is a rare beast, he’s a talented, creative economist. His recent departure from Morgan Stanley, and by implication from the Global Economic Forum, is now being widely commented on in the press (and here).
Andy was really one of the first global economists to start drawing attention to the important impact the rise [...]

It was only just over two weeks ago (two weeks, which following the logic of a historical time which seems far from uniform, now seem like half a lifetime) that guest poster P. O’Neill, said this:
For understandable reasons — the addition of 10, and soon to be 12, new member countries, and the constitutional crisis, [...]