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Category Archives: USA
Some Comments on the USA’s ISA
In a recent post discussing the Euro-Zone’s TARGET2, I made some reference to the equivalent clearing and settlement system in the USA without any depth because it was beyond the purview of that post. To address that gap, I dedicate … Continue reading
(European) Debt Mutualisation: Lessons from the USA
This post considers events in the history of the United Stated (USA) that involved the bailing out of state governments by the (newly created) federal government. This considerations are made because of their value as a template for a reform … Continue reading
Posted in Aides Memoire, Sovereign debt Crisis, USA
Tagged (Dinner Table) Compromise of 1790, Alexander Hamilton, Centralisation, Collective action problems, Compromise of 1790, Debt Mutualisation in the USA, Decentralisation, Dinner Table Compromise, Europe's Hamiltonian Moment, European Federal movement, European Fiscal Federalism, European Fiscal Union, Federalism, Federalist Paper 7, Federalist Papers, Fly Paper Effect, Funding Act, Hamiltonian Moment, History of American Fiscal Federalism, Residence Act, Thomas Jefferson, USA, USA Debt between 1775 and 1789, USA-EU
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Place du Luxembourg 
Where you can find me these days
As expected, I have moved to fresher pastures. I have been the Economics Editor at sister publications NordSIP and Ekonamik since the beginning of January 2019 and want to invite you to check out our content. Both publications are focused … Continue reading →