Free: Coming of Age at the End of History

Lea Ypi. 2021. Free: Coming of Age at the End of History. London: Allen Lane, pp. x + 313. ‘I never asked myself about the meaning of freedom until the day I hugged Stalin. From close up, he was much taller than I expected.’ Lea Ypi grew up in one of the most isolated countries […]

Τα σχολεία και η ‘Ο’ στις ΗΠΑ

Αντιγράφω αποσπάσματα από άρθρο της Economist της 13 Ιανουαρίου 2022, με τίτλο “ America has failed to learn from the safe opening of classrooms abroad”. Βοηθάει καμιά φορά να ξέρεις τι γίνεται αλλού και, κυρίως, γιατί γίνεται έτσι. Για να αποφεύγεις τα συνθήματα ευκολίας. “OVER THE past two years America’s children have missed more time […]

The Mussa puzzle and the optimal exchange rate policy

Oleg Itskhoki, Dmitry Mukhin  The Mussa puzzle refers to the existence of a large and sudden jump in the volatility of the real exchange rate after the adoption of a floating exchange rate regime in 1973. It is a central piece of evidence in favour of monetary non-neutrality. In contrast to conventional wisdom, this column […]