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Edward Hugh 152 posts 0 comments
Ed was a macro economist based in Barcelona, who specialized in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows.
He was a lovely person and a prolific blogger in his time. Ed’s analyses can be found on his “Don’t Shoot the Messenger” blog on www.economonitor.com, at the India Economy Blog, A Fistful of Euros, Global Economy Matters and Demography Matters. He was a founding member of all these weblogs.
by Edward Hugh: Barcelona The current generation of policymakers seem to be like Captains of large ocean liners, out there on the high seas, bereft of either compass or adequate charts, trying hard to calm their worried passengers by…
The Baron Münchhausen Effect
by Edward Hugh: Barcelona Karl Friedrich Hieronymus, Freiherr von Münchhausen was a German baron born in Bodenwerder in the eighteenth century. Made famous by the Hollywood director Terrence Gilliam, the baron first came to public…
Estonia’s Long Awaited Recovery May Still Be Delayed Yet Awhile
In a recent FT Op-ed, entitled "Estonia’s recovery defies economists and academics", columnist John Dizard argued that "the “internal devaluation” policy, which means cuts in nominal costs such as wages and rents, was very…
How Many Times Can One Driver Fall Asleep At The Same Wheel (And Live)?
Watching the TV news here is Spain at the moment is often a rather discomforting and sad affair. The normal menu seems to consist of a constant stream of ministers who have to appear before the cameras and the public to explain something…
The Shape of Bulgarian Things to Come
As the IMF say in their most recent staff report, the present economic crisis raises the question of whether potential output growth in Bulgaria in the years to come is going to be markedly lower than it was during the boom years. As the…
Controlling The Uncontrollable: Spain’s National Addiction To The Use Of “Dinero…
Well, before we go any further, I would like to make clear that what I am going to talk about in this post is not anything illegal, or even irregular (things like this must be going on in almost all Euro Area countries even as I write).…
One Chart To Rule Them All, One Chart To Find Them (Out)
By Edward Hugh Look, if there is one simple chart which sums up everything that is wrong with current thinking at the International Monetary Fund, then it is this one. Basically, I spent much of the day yesterday scratching my head,…
Too Soon To Cry Victory?
Confidence Has Returned To Europe’s Financial Markets, But Lasting Economic Growth May Not Be So Easy To Achieve ECB president Jean-Claude Trichet was in rather optimistic, one might even say jovial, mood at the press conference which…
Just What Is The Economist Up To In Its Seeming Crusade Against Catalunya?
Well, this is certainly not the first time I have had cause to complain about the quality of the journalism and economic reporting served up over at the Economist, and I’m damn sure it won’t be the last. But this latest example of shoddy (I…
Do The Latest European Bank Lending Numbers Reveal A Major Headache Looming For The ECB?
by Edward Hugh According to Ralph Atkins, writing in the Financial Times: "Eurozone mortgage borrowing grew last month at the fastest pace in almost two years in a sign that bank lending across the 16-country region may be flickering…