Monday, January 26, 2015
  1. Business & Finance

    The ECB’s New Macroeconomic Realism

    Jeffrey D. Sachs
    Business & Finance

    The ECB’s New Macroeconomic Realism

    17

     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

  2. Politics

    How France Will Reform

    Manuel Valls
    Politics

    How France Will Reform

    0

     explains the goals and priorities shaping the French government's policy agenda.

    Eiffel tower Sathish J/Flickr

    As globalization transforms the world economy, France must adapt in order to enable its businesses to compete abroad as well as at home. But reform does not mean giving in to external pressure, or giving up what makes France French. READ MORE

  3. Economics

    The Fall of the House of Samuelson

    Robert Skidelsky
    Economics

    The Fall of the House of Samuelson

    18

     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

  4. Global Health & Development

    The State of Global Poverty

    Kaushik Basu
  5. Economics

    The Politics of Economic Stupidity

    Joseph E. Stiglitz

Focal Point

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