Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Monday 2020-08-03, 13:27:41

2010-03-12 11:03:44
The Real Causes of Iceland′s Crisis. The European Enterprise Institute recently published a new Policy Paper, about the causes of Iceland′s financial and economic crisis. This took place at a well-visited seminar in the European Parliament.

Sometimes, people assume that Iceland shows that capitalism and free-market reform don′t work. This is not true. Iceland′s reforms brought them great prosperity, which has not been destroyed by the crisis. The real causes of the depth of the crisis was the monetary policy.

Read the paper here (pdf) - >

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