If we make the crisis a positive step forward-thinking what should be growth and improving living standards of individuals? Most economists, politicians, and citizens now believe the growth of Gross Domestic Product (GDP) as the benchmark for comparisons between countries. Do not speak of the human development index, but certainly used so little recognized.

The U.S. world power, China's first global growth ... Growth has become an end in itself, without even thinking about its content. The growth of GDP as a measure of wealth creation is the indicator and symbol of a headlong rush destructive. (more...)

The European Central Bank announced Thursday, April 2 a new lower interest rates by 25 basis points. The rate stood at 1.25% its lowest level ever.

Before this event, always well publicized, it seems necessary to reconsider the operation and the dangers of the policies of central bankers in recent years. Why not also offer some ideas about this, so as not to revive a financial crisis as violent. The G20 should also be an opportunity to discuss monetary policy and the role of central bankers. (more...)