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David Adler
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David Adler is author of the book The New Economics of Liquidity and Financial Frictions (CFA Institute Research Foundation), and co-editor of Understanding American Economic Decline (Cambridge University Press).

Entries by David Adler

A New Explanation of America's Slow Productivity Growth

(6) Comments | Posted August 3, 2015 | 6:28 PM

Why is the U.S. economy -- or for that matter, most other advanced economies -- failing to thrive? This topic of a global malaise has generated intense debate among economists. Their explanations are very technical, but worth considering for an understanding of elite thinking about the issue -- and its...

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The Way We Live Now: Costas Lapavitsas on the Financialization of Capitalism

(0) Comments | Posted February 27, 2014 | 11:11 AM

There is a feeling among the public that something is wrong, out of balance in the American economy, even though pundits assure us everything is looking good. The U.S. financial sector has recovered from the crash, but the "real" economy hasn't. Outside of a few affluent areas, the economy is...

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Euro Heretics: The Left Takes on the Euro

(1) Comments | Posted December 19, 2013 | 12:00 PM

The Eurozone crisis was widely anticipated by American economists. For instance, Harvard's Martin Feldstein wrote in 1997 in Foreign Affairs that, "the adverse economic effects of a single currency on unemployment and inflation would outweigh any gains." Moreover, he felt a currency union was likely to lead to...

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'The Crisis' and Art in Greece (and NY)

(0) Comments | Posted November 27, 2013 | 12:58 PM

The Greek economic crisis, is, among other things, a crisis of confidence. Investors, worried about the country's finances, pulled out their capital, and in doing so drove up interest rates and drove down the Greek economy to a near depression, provoking the default they so feared. Economists call this reversal...

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