The Pan-European Pen

Looking for European Chutzpah

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Israel European Union

  “The only natural resource we discovered is the human potential. Israel is an example where the people enriched the land more than the land enriched the people.”                – President Shimon Peres, from his EU parliament speech   In their book “Start-up Nation: The story of Israel’s economic miracle”, authors Dan Senor and Saul Singer describe  why and how […]

Media

The Dollar: Their currency, OUR problem

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The $: Their currency – our problem As Ben Bernanke’s mandate as chairman of the Federal Reserve (the “Fed”) ends, it is time to assess the impact that the American central bank has on the world economy. The US enjoys what former French president Valéry Giscard d’Estaing once called “the exorbitant privilege of the dollar”, which is the de facto […]