As the Chinese economy is slowing down, the People’s Bank of China (PBoC) is providing further stimulus.

Keynes’ influence weakened temporarily in the 1980s, increased quietly again for a while thereafter, and had a roaring comeback with the financial crisis. Today, most practical men (and women)—and the odd madman—are the slaves of Keynes.

After several years of a close-to-zero federal funds rate in the US, the Fed has prepared markets for higher interest rates.

When the Swiss National Bank scrapped the upper bound for the exchange rate of the Swiss Franc against the euro, the franc immediately surged towards parity against the single European currency and many economists predicted that the Swiss economy wou ...

The outcome of the Polish presidential election signals a change of direction of the political and possibly economic course in the years to come.

For the euro to survive in the form it has assumed during the crisis of European Monetary Union, a proper state with a strong center is needed for support. But the emergence of a European state is not on the political horizon.