| “One should expect that the time of “monetary” macroeconomics and “monetary” policy without “money and credit” will come to an end. Hopefully, this will happen before a new and probably even deeper crisis sets in.” – Otmar Issing
Watch the full lecture by Otmar Issing, former member of the Executive Board of the European Central Bank. More highlights and photos from Opening Ceremony 2013-14 at the Barcelona Graduate School of Economics: http://www.barcelonagse.eu/news-opening-ceremony-otmar-issing.html |
Otmar Issing (born 27 March 1936 in Würzburg) is a German economist who has been serving as President of the Center for Financial Studies since 2006. As the former Chief Economist and Member of the Board of the European Central Bank (ECB), Issing developed the 'two pillar' approach to monetary policy decision-making that the ECB has adopted.
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