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The Blog
The search for financial stability, through regulatory or macroeconomic policy, is just beginning. Should developing countries wait for new global standards to emerge, or tailor their own regulatory strategies?
People interviewed in Inside Job claim that finance professionals deserve their money. But can someone rationally argue that someone earning $30 million/year works 1,000 times harder than someone earning $30,000/year?
I once gave a talk about the important role care plays in the workplace. Once I used that word, "care," I had lost my audience. Who needs to care when you are king of the mountain?
Brown's face lit up at the sound of the students' cheers, as well it might after years of being publicly disemboweled in the media. He will be a hell of a lot happier as a community organizer than a politician.
For low-income countries, the absence of reliable infrastructure -- roads, railways, ports, but also power supply -- has become an increasingly binding constraint on growth.
Mark Blyth, of Austerity fame and the Watson Institute, has a Scot's vernacular gift for clarifying economics. Is the situation explosive? "You've ...
If Main Street takes another shellacking from Wall Street, expect a revolution mounted by Main Street, one that will make the Tea Party's anger seem, in comparison, tepid.
We have the worst possible banking system because it is built on two pillars of straw -- proprietary information and leverage.
After reading of a Irish government response to its financial crisis that involves free cheese (though probably better cheese the US distributed in a ...
Charles Ferguson's latest documentary, Inside Job, does a masterful job in telling the story of how the financial crisis happened.
First it was "booming Dubai," and then "sinking Dubai." Two years into one of its most cathartic states ever, where do things stand for Dubai?
A Global Life: My Journey among Rich and Poor, from Sydney to Wall Street to the World Bank is the new memoir from former World Bank President James W...
Achieving a "strong, balanced, and sustained world recovery"--to quote from the goal set in Pittsburgh by the G-20--was never going to be easy. It req...
In the wake of the September 2008 onset of unprecedented financial turmoil, policymakers recognized that earlier danger signs had not been synthesized into an actionable warning.
With only five years to go until the deadline for the Millennium Development Goals (MDGs), the poverty reduction agenda has been set back. All is not lost, however. Reducing poverty on a massive scale is doable.
This Week's Basel Accord and New Poll Show How to Prevent Wall Street Meltdowns and Reduce the Debt with One Tool This week's news made the path for ...
