CAMBRIDGE – The world’s major central banks continue to express concern about inflationary spillover from their recession-fighting efforts. …
CAMBRIDGE – There is no magic Keynesian bullet for the eurozone’s woes. But the spectacularly muddle-headed argument nowadays that too much …
CAMBRIDGE – As policymakers and investors continue to fret over the risks posed by today’s ultra-low global interest rates, academic economi…
MEXICO CITY – For a glimpse of the average American’s understanding of the relationship between the United States and Mexico, one only has t…
FRANKFURT – Critics of the US Federal Reserve are having a field day with embarrassing revelations of its risk assessments on the eve of the…
CAMBRIDGE – As the world watches the United States grapple with its fiscal future, the contours of the battle reflect larger social and phil…
CAMBRIDGE – As one year of sluggish growth spills into the next, there is growing debate about what to expect over the coming decades. Was t…
CAMBRIDGE – India’s recent fall from macroeconomic grace is a lamentable turn of events. After many years of outperformance, GDP growth has …
CAMBRIDGE – Since the dawn of the industrial age, a recurrent fear has been that technological change will spawn mass unemployment. Neoclass…
CAMBRIDGE – People often ask if regulators and legislators have fixed the flaws in the financial system that took the world to the brink of …
CAMBRIDGE – How long can today’s record-low, major-currency interest rates persist? Ten-year interest rates in the United States, the United…
CAMBRIDGE – When the financial crisis of 2008 hit, many shocked critics asked why markets, regulators, and financial experts failed to see i…
CAMBRIDGE – Many, if not all, of the world’s most pressing macroeconomic problems relate to the massive overhang of all forms of debt. In Eu…
CAMBRIDGE – One of the most notable macroeconomic developments in recent years has been the sharp drop in China’s current-account surplus. T…
CAMBRIDGE – With youth unemployment touching 50% in eurozone countries such as Spain and Greece, is a generation being sacrificed for the sa…
CAMBRIDGE – The biggest news around Cambridge in recent weeks has been Jeremy Lin, the Harvard economics graduate who has shocked the Nation…
FRANKFURT – A systematic and broad failure of regulation is the elephant in the room when it comes to reforming today’s Western capitalism. …
CAMBRIDGE – Modern macroeconomics often seems to treat rapid and stable economic growth as the be-all and end-all of policy. That message is…
CAMBRIDGE – I am often asked if the recent global financial crisis marks the beginning of the end of modern capitalism. It is a curious ques…
CAMBRIDGE – Although I appreciate that exchange rates are never easy to explain or understand, I find today’s relatively robust value for th…
CAMBRIDGE – Europe is already in pickle, so why not add more vinegar? That seems to be the thinking behind the European Commission’s propose…
CAMBRIDGE – As the eurozone crisis continues to deepen, the International Monetary Fund may finally be acknowledging the need to reassess it…
CAMBRIDGE – Why is everyone still referring to the recent financial crisis as the “Great Recession”? The term, after all, is predicated on a…
CAMBRIDGE – Until now, the relentless march of technology and globalization has played out hugely in favor of high-skilled labor, helping to…
CAMBRIDGE – Europe is in constitutional crisis. No one seems to have the power to impose a sensible resolution of its peripheral countries’ …