Central Banking, Economics and Populism
Just like central banking, economics wants to speak politically, but doesn't necessarily welcome a response. In Krugman, it sometimes comes across as condescension. At the Fed, it can appear more sinister.
Just like central banking, economics wants to speak politically, but doesn't necessarily welcome a response. In Krugman, it sometimes comes across as condescension. At the Fed, it can appear more sinister.
The Huffington Post | Harry Bradford | Posted 01.25.2012
German Chancellor Angela Merkel kicked off the World Economic Forum in the Swiss resort town of Davos Wednesday with a keynote address that aimed to r...
Jim Sleeper | Posted 12.31.2011
Republican presidential debates, and even "liberal" magazines' online comment threads, are drawing hundreds eager to rail at clueless dissenters, especially if they can catch them bickering with one another.
Marshall Auerback | Posted 05.28.2011
Influential journalists are making persuasive cases that austerity is the wrong approach in fragile economies. That's good news. But discussions still get muddled in ways that can have perverse effects.
ft.com | Martin Wolf | Posted 05.25.2011
But, as Larry Summers, Mr Obama's chief economic adviser, had said: "When markets overshoot, policymakers must overshoot too". Unfortunately, the admi...
Jonathan Tasini | Posted 05.25.2011
A lot of the voices on our side repeat the absolute truth: the Republican Party is simply not telling the truth about the seeds of the economic disast...
ft.com | Martin Wolf | Posted 05.25.2011
Has the time for a currency war with China arrived? The answer looks increasingly to be yes. The politics and economics of an assault on Chinese excha...
Financial Times | Posted 05.25.2011
The future of fiscal policy was intensely debated in the FT last week. In this Exchange, I want to examine what is going on in the US and, in particu...
New York Times | Simon Johnson | Posted 05.25.2011
Bankers and hedge fund managers are fond of saying, "If you place restrictions on our activities in New York, we'll just move elsewhere -- like London...
ft.com | Martin Wolf | Posted 05.25.2011
Yet it is hard to believe that Greece can avoid debt restructuring. First, assume, for the moment, that all goes to plan. Assume, too, that Greece's a...
Posted 05.25.2011
The huge currency swap deals that Goldman Sachs arranged with the Greek government were at once completely legal and completely scandalous, says Marti...
ft.com | Martin Wolf | Posted 05.25.2011
I admire Mr Volcker and strongly support his desire to develop a financial sector that supports the wider economy, rather than makes vast profits out ...
The Huffington Post | Posted 05.25.2011
The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...
The Huffington Post | Ryan McCarthy | Posted 05.25.2011
British bankers are going bonkers today after the UK government announced that it wouldn't stand idly by as they showered themselves with obscene bonu...
Martin Wolf | Posted 05.25.2011
Windfall taxes are a ghastly idea. They are a sop to prejudice, a burden on risk-taking and a form of arbitrary confiscation. No sensible person shoul...
Posted 05.25.2011
In an interview with Yahoo Tech Ticker this morning, Martin Wolf, the chief economic commentator at The Financial Times, was cautiously optimistic abo...
Posted 05.25.2011
Are we in for a double-dip recession? Economist Nouriel Roubini, the president of RGE Monitor who's often referred to as "Dr. Doom," recently sat down...
Jaime Pozuelo-Monfort | Posted 05.25.2011
A global currency would allow emerging economies to borrow in their own currency, avoid currency mismatches and the extreme poor can trade with each other without being exposed to currency risk.
ft.com | Martin Wolf | Posted 05.25.2011
Proposals for reform of financial regulation are now everywhere. The most significant have come from the US, where President Barack Obama's administra...
Financial Times | Martin Wolf | Posted 05.25.2011
Is the US Russia? The question seems provocative, if not outrageous. Yet the person asking it is Simon Johnson, former chief economist at the Internat...
John Tepper Marlin | Posted 05.25.2011
Hyman Minsky didn't live to see how closely this year's meltdowns would follow his predicted scenario, with the Lehman failure being one of several clear Minsky moments.
Robert Teitelman | Posted 05.03.2012