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Peterson Institute for International Economics

Obama's Treasury Pick Is About To Get Grilled

Reuters | Posted 04.12.2013 | Business

* Cayman Islands account also will be part of questioning * Confirmation expected but Republican support unclear * Confi...

Blocking a Bad Idea That Enriches the Rich: Peterson, Austerity and the Washington Consensus

William K. Black | Posted 03.19.2013 | Business
William K. Black

Austerity is the leading cause of the election of national leaders who promise that if elected they will stop "submitting" to creditors' demands that they inflict austerity on their people.

The Supreme Court and the "Broken Middle"

Joseph A. Palermo | Posted 08.26.2012 | Politics
Joseph A. Palermo

We could learn a lot from the election of 1912 where a third and fourth party shook up the foundations of corporate control. It's a disgrace that 100 years ago the United States could run an election with far greater choices than it is capable of running today.

China Exports Trouble to U.S.

Leo W. Gerard | Posted 08.11.2012 | Business
Leo W. Gerard

For years, China deliberately diminished the value its currency. This artificially reduces the price of Chinese exports. Simultaneously, it artificially raises the price of U.S. exports to China. Dithering by the U.S. House of Representatives on this issue has reduced America to victim status.

Despite Debt Deal, Euro Crisis May Still Lead To Recession

AP | DAVID McHUGH and PAUL WISEMAN | Posted 01.01.2012 | Business

FRANKFURT, Germany — Even if Europe dodges a financial meltdown, it may not be able to avoid a recession. The deal European leaders reached las...

How A Rising Chinese Yuan Will Affect The U.S. Economy

Posted 12.05.2011 | Business

(Emily Kaiser) - A sharp rise in China's yuan currency might cut the U.S. trade deficit by as much as one third and create enough American jobs to...

U.S. Recovery's 2-Year Anniversary Arrives With Little To Celebrate

PAUL WISEMAN | Posted 08.31.2011 | Business

WASHINGTON (AP) -- This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has be...

Tim Geithner's Gamble

Project Syndicate | Simon Johnson | Posted 05.25.2011 | Business

LOS ANGELES -- In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the r...

Martin Wolf: How To Fight The Currency Wars With China

ft.com | Martin Wolf | Posted 05.25.2011 | Business

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...

China's Currency Manipulation: Flipping off America

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Earlier this year, the Obama administration asked China nicely to allow its currency value to float up naturally on international markets. China said it would. And then it didn't.

Global Imbalances Fuel Recovery

washingtonpost.com | Neil Irwin | Posted 05.25.2011 | Business

The catastrophic economic downturn that began two years ago was supposed to shake up the global economy, ending an era in which Americans consumed too...

Paul Volcker, Former Fed Chief: Failing Banks Must Actually Fear They'll Be Allowed To Fail

AFP | 1 Hr 5 Mins Ago | Posted 05.25.2011 | Business

WASHINGTON (AFP) -- Failing US financial institutions must face the credible threat of government closure if reforms are to succeed, a key adviser to ...

Larry Summers in Winter

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

This key economic policymaker is as detached from reality as most of his recent predecessors.

Adam Posen: A Financial Lesson From Japan's 'Lost Decade' Is Lost On Obama

Diane Tucker | Posted 05.25.2011 | World
Diane Tucker

On the eve of the G-20 economic summit in London, I spoke with Adam Posen, who wrote the book on the mistakes Japanese policy makers made during their lost decade.