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David Howden

David Howden is Chair of the Department of Business and Economics, and professor of economics at St. Louis University, at its Madrid Campus, Academic Vice President of the Ludwig von Mises Institute of Canada, and winner of the Mises Institute’s Douglas E. French Prize. Send him mail.

Economics10 January 11

The Good, the Bad, and the Ugly of Portugal’s Bond Auction

By David Howden

Portugal tested the chilly New Year auction waters on January 5th as it auctioned €500 million of six-month bonds. The good news is that…

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Economics5 January 11

Financial Pain in Spain Falls Mainly on… Spain?

By David Howden

For over a decade we have heard reports of China’s increasing world dominance. Yet while Beijing has amassed a large war chest of savings…

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Economics28 December 10

The Euro: Where to Next?

By David Howden

From where did Europe’s recession come? To listen to some commentators one would think that it came from nowhere. Indeed, the idea that a…

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Economics23 December 10

A Crisis of Illiquidity or Insolvency?

By David Howden

As Europe continues bailing out its troubled economies, a subtle point is sidestepped. Providing additional doses of liquidity has brought short-term relief to some…

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Economics20 December 10

Are German Dilemmas Causing European Problems?

By David Howden

The European monetary union is being held together tenuously. After putting €110bn. on the line to save Greece earlier this year, the tab increased…

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Economics15 December 10

Contagious Defaults?

By David Howden

Mohamed El-Erian, CEO of PIMCO, the world’s largest bond investment management group, recently made a compelling plea for “urgent EU action” to stop a…

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