Washington Consensus

Waiting for Copernicus

John Feffer | Posted 05.08.2012

John Feffer

It's happening in Buenos Aires. It's happening in Paris and in Athens. It's even happening at the World Bank headquarters. The global economy is finally shifting away from the model that prevailed for the last three decades.

The Future of Macroeconomic Policy: Nine Tentative Conclusions

Olivier Blanchard | Posted 05.25.2011

Olivier Blanchard

We've entered a brave new world in the wake of the crisis; a very different world in terms of policy making and we just have to accept it.

"Ripples of Hope" in Egypt

Joseph A. Palermo | Posted 05.25.2011

Joseph A. Palermo

Democracy is breaking out in Tunisia and Egypt not because of U.S. actions in the Middle East, but despite them.

Global Grain Reserves Are Key to Food Security

Katherine Gustafson | Posted 05.25.2011

Katherine Gustafson

It's high time we recognize that the wisdom about food security we've learned over millennia will serve us better than economic theories that weigh the value of food against immediate profit instead of against potential eventual starvation.

The Majority of the World's Countries Can Change the IMF

Mark Weisbrot | Posted 05.25.2011

Mark Weisbrot

As finance ministers, bankers, and other interested parties from around the world flock to Washington for the semi-annual IMF-World Bank meetings, the...

Unemployment: The New "Washington Consensus"

Jeff Faux | Posted 05.25.2011

Jeff Faux

After several decades of failure, the Washington Consensus is now widely discredited around the world. But in Washington, it's back in fashion.

Cheney is Dead Wrong: Obama's Fundamental Reset of American Foreign Policy Will Make America Safer and More Prosperous

Robert Creamer | Posted 05.25.2011

Robert Creamer

Obama's recent trips to the G-20 and the Summit of the Americas have underscored his fundamental realignment of American foreign policy.