Europe & the Euro Archives - Emile Woolf writes

What happens when government stops intervening!

ECONOMIC PERSPECTIVES – 97 WHEN GOVERNMENT STOPS INTERVENING My recent essays have focused on the boost to economic growth that occurs quite naturally when obstacles are removed. I cited the positive economic consequences of Margaret Thatcher’s decision to allow markets, including the labour market, to operate freely by curbing the vice-like grip of the unions; […]

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Layman’s guide to the coming currency collapse – January 2021

THE ECONOMIC CHASM CONFRONTING US – A LAYMAN’S ASSESSMENT The huge economic harm caused by Covid-19 is seen and experienced clearly and directly on a daily basis. Less obvious is the damage wrought in every welfare-driven democracy whose government finds itself in the dual-role of protector and saviour. Today expectation and dependency are the norm, […]

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SOME UNSEASONAL REFLECTIONS ON MONEY

ECONOMIC PERSPECTIVES 92 – DECEMBER 2020 SOME UNSEASONAL REFLECTIONS ON MONEY Several comments and questions on my last essay deserve a thoughtful response, which is the theme of today’s essay. You may recall its references to today’s dependency culture – the “expectation syndrome” that fuels the size and cost of welfare programmes as the state’s […]

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INTERNATIONAL TRADE: THE CURRENCY EFFECT (1 September 2020)

ECONOMIC PERSPECTIVES – 87   SEPTEMBER 2020 The tenacity with which certain economic fallacies persist is truly remarkable. Take the notion that the euro currency is too strong for certain countries, notably Greece, Spain, Portugal and Italy, causing their exports to be too expensive for foreign buyers; and being members of the eurozone they are […]

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“Keeping economics simple – AWAY from government!

[ECONOMIC PERSPECTIVES – 63] [EMILE WOOLF 20-9-19] The US Department of Defence is a major customer of many private sector suppliers, including the Boeing Company. Although relationships between customer and supplier are mutually beneficial, that is by no means the only reason why Boeing has proved to be such an enduring commercial success.   100years […]

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“STICKING TO YOUR GUNS” – AND OTHER FAILED STRATEGIES

  EMILE WOOLF [Going Postal 12-8-19, and Economic Perspectives – 60] There can be little doubt that tenacity is a great virtue. It means holding on to something important, something you believe in, no matter what. The trouble with tenacity, however, is that it does not necessarily rely on principles. Clinging to a piece of […]

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