Wednesday, October 1, 2014
  1. Economics

    Markets’ Rational Complacency

    Nouriel Roubini

    Markets’ Rational Complacency


     asks why global financial markets remain buoyant in the face of mounting geopolitical risks.

    Hong Kong democracy protests Hong Kong/Chris Lusher/ZumaPress

    A century ago, financial markets priced in a very low probability that a major conflict would occur, blissfully ignoring the risks that led to World War I until late in the summer of 1914. Back then, markets were poor at correctly pricing low-probability, high-impact tail risks; they still are. READ MORE

  2. Economics

    Why the Fed Will Go Faster

    Martin Feldstein
  3. Business & Finance

    Two Views of Finance

    Simon Johnson
    Business & Finance

    Two Views of Finance


     previews the battle likely to play out at the IMF's annual meeting in October.

    International Finance Center kapester/Flickr

    The International Monetary Fund’s annual meetings will be held on October 11-12 in Washington DC, and the world’s financial sector is a central item on the agenda. That will make for an interesting meeting, because two diametrically opposed views of the global financial system will face off against each other. READ MORE

  4. World Affairs

    The Intellectual Battle Against ISIS

    Mohammed bin Rashid Al Maktoum
    World Affairs

    The Intellectual Battle Against ISIS

     calls for a broad development agenda to defeat the Middle East's ideologies of hate.

    ISIS fighter in Iraq Medyan Dairieh/ZumaPress

    If the world is to defeat the Islamic State, leaders must recognize that such fires cannot be extinguished by force alone. The world must unite behind a holistic drive to discredit the ideology that gives the extremists their power, and to restore hope and dignity to those whom they would recruit. READ MORE

  5. Innovation & Technology

    The Rise of the Robots

    J. Bradford DeLong

Focal Point


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