Monday, January 26, 2015
  1. Focal Points

    Davos 2015

    Focal Points

    Davos 2015

    WEF logo WEF/Flickr

    As the World Economic Forum convenes in Davos, much attention will be devoted to the usual suspects: Russia, China, the Middle East, and the eurozone. But other global risks – including protracted war, epidemics, inequality, and environmental disasters – have also come into view. READ MORE

  2. Global Health & Development

    The State of Global Poverty

    Kaushik Basu
  3. Business & Finance

    The ECB’s New Macroeconomic Realism

    Jeffrey D. Sachs
    Business & Finance

    The ECB’s New Macroeconomic Realism


     supports the decision to launch quantitative easing and takes on those who oppose it.

    euro currency yokocantspell/Flickr

    The European Central Bank has finally crossed the Rubicon and launched a bold policy of quantitative easing, which may help arrest Europe’s slide into stagnation. Even if it is not an effective growth strategy, QE should be welcomed; indeed, the ECB should be encouraged to do everything in its power to ease monetary conditions. READ MORE

  4. Economics

    The Fall of the House of Samuelson

    Robert Skidelsky

    The Fall of the House of Samuelson


     re-reads the Nobel laureate economist in the light – or shadow – of post-crisis stagnation.

    Economics books stack Tiffany Bailey/Flickr

    The Nobel laureate economist Paul Samuelson believed that because governments knew how to stop depressions, voters would insist that they use this knowledge. But he was only half right: Though governments do know how to stop a slide into another Great Depression, they are haunted by fears of large fiscal deficits. READ MORE

  5. Economics

    The Politics of Economic Stupidity

    Joseph E. Stiglitz

The Loss of Order


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