VER's blog
Archive for March 2023
2023-03-29 at 11:35 Timo Löyttyniemi
A crisis needs a fitting name. The financial markets are struggling with problems that make it necessary for governments and central banks to step in. The current situation meets the criteria for financial instability. We should find a descriptive...
2023-03-29 at 11:07
In recent weeks, we have received news of crises threatening a number of banks. People wonder if this means a new banking crisis or if it is just a crisis affecting a few banks. After all, there is a big difference between the two. Is there cause...
2023-03-03 at 7:40 Timo Löyttyniemi
Governments are increasingly trying to outdo other countries by pursuing an active industrial policy. It appears that faith in the power of industrial policy is making a comeback. The doctrines of a pure, free market economy and free trade take a...