Author profile

Pompeo Della Posta

Pompeo Della Posta is associate professor of political economy at the University of Pisa. He was the president-elect for 2019 of the International Trade and Finance Association and is editor of the online journal Scienza e Pace / Science and Peace. He is shortly to become professor of economics at the Belt and Road School of Beijing Normal University, Zhuhai.

Public debt monetisation and the credibility of the ECB

Pompeo Della Posta

What stops public debt being monetised to avoid the pain of prolonged austerity after the pandemic? An obsolete economic theory of ‘credibility’.

The coronavirus crisis and a euro area contained—in a prisoner’s dilemma

Pompeo Della Posta

As the eurozone faces into a deep recession, a transparent prisoner’s dilemma is preventing it from stopping the slide.