My hiatus is over. I’ve been on holiday for a few months, growing a thicker skin 🙂
Not that long after my last post, new blogger Michael Reddell put up his first post over at Croaking Cassandra.
Reddell has had a long career in economic policy and has now ended it to spend more time with family and blog about the institutions he used to work for. Their loss and very much our gain; this should be great fun.
His latest post is a skeptical look at the Irish central banker’s Euro-soothing.
[…] the benchmark for good modern exchange rate regime choices has to be set a little higher than “well, out-turns weren’t quite as bad as those in the civil war”.
Institutional choices – including exchange rate regimes – need to take account of how democracies actually work.