by John E. Charalambakis | Aug 22, 2019 | Commentaries, Crossroads, Uncategorized
The year was 480 B.C.E. and Xerxes (Persia’s king of kings) had gathered his troops and his fleet in the place known as Abydos, a town on the Asian side of the Hellespont, where two continents (Asia and Europe) meet fours seas at a critical intersection where the...
by John E. Charalambakis | Aug 15, 2019 | Commentaries, Uncategorized
T.S. Elliot pronounced that Virgil’s Aeneid was a universal classic since the poem reflects the foundation of how you create and preserve a world system. The Aeneid displays in a powerful way the role that Rome played as a steward of such an international system. One...
by John E. Charalambakis | Aug 7, 2019 | Commentaries, Uncategorized
The risks of an economic slowdown is compounded by trade war rhetoric, a Brexit without a deal, the reduction of short-term rates (Asian central banks lowered their rates in the last couple of days) and the talk about ECB’s new round of monetary stimulus, the...
by John E. Charalambakis | Jul 30, 2019 | Commentaries, Uncategorized
The Center for Financial Stability (CFS) recently hosted a roundtable discussion on European Central Bank (ECB) monetary policy with Philipp Hartmann. Philipp is Deputy Director General for research at the ECB and one of the founders of its research department....
by John E. Charalambakis | Jul 24, 2019 | Commentaries, Uncategorized
Danny Rodrick might have been right after all when he argued in his 1997 book (titled Has Globalization Gone Too Far?) that we should be careful how far we are pushing the boundaries of globalization. Globalization inevitably gave rise to some tensions and facts, such...