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Economists are better at history than forecasting. This explains why financial journalists sound remarkably intelligent explaining yesterday’s stock market activity and, well, less so when predicting tomorrow’s market movements. And why I concentrate on economic and financial history. Since 2015 is now in the history books, this is a good time to summarize a few main economic trends of the preceding year.
The post Economic trends of 2015 appeared first on OUPblog.
Is Europe heading towards an Energy Union -- the ambitious goal announced by the Commission at the beginning of this year? If so, many would say that it is about time. Energy has long been neglected by Europe.
The post Obstacles on the road to a European Energy Union appeared first on OUPblog.