Mario Draghi's Fatal Conceit
Authored by Thorstein Polleit via The Mises Institute,
On 23 August 2017, the president of the European Central Bank (ECB) gave a speech titled “Connecting research and policy making” at the annual assembly of the winners of the Nobel Price for Economics in Lindau, Germany. What Mr Draghi talked about on this occasion — and especially what he didn’t talk about — was quite revealing.