CERF Blog

Europe has been in the news a lot lately. One day it has a plan to, temporarily at least, deal with the debt problems of delinquent members, and markets climb. The next day there is a glitch and markets fall. What is going on here? Why are markets so spooky? We’re witnessing what are almost… Read more

The Eurozone is a confederation of 16 European countries. When joining, countries abandon control of their currency to the European Central Bank, and they agree to significant constraints on their monetary policy. Why would they do this? Countries join hoping to benefit from increased trade efficiency and access to markets. Are the benefits of joining… Read more