Tuesday, September 2, 2014
  1. Argentina’s Use and Abuse of Keynes

    Andrés Velasco
  2. Washington Recaptured

    Simon Johnson

    Washington Recaptured


     says that 200 years after the British captured the US capital, big banks are doing it again.

    Burning of Washington 1814 Wikimedia Commons

    Two hundred years ago, Washington, DC, was captured by the British – who then set fire to official buildings, including the White House, Treasury Department, and Congress. Today, it is a domestic interest group – very large banks – that has captured Washington, and the costs are likely to be far higher than they were in 1814. READ MORE

  3. Bringing It Back Home

    Martin Feldstein
  4. Europe’s Fitful Financial Integration

    Howard Davies

    Europe’s Fitful Financial Integration


     examines the benefits and limits of further regulatory centralization.

    Euro Coins Lif/Flickr

    The road to pan-European financial regulation over the last two decades has been winding and rocky. But the general direction is clear: Unless the new internal market commissioner takes a different view, the European Commission will push further in the direction of centralization. READ MORE

  5. China’s Fire Next Time

    Yu Yongding

    China’s Fire Next Time


     warns that unless officials stem the rise in corporate leverage, economic crisis is inevitable.

    Fire Extinguisher Building China Whitehotpix/ZumaPress

    The Chinese economy has been stabilizing in recent months, easing fears of a financial crisis. But, with the economy's fundamental problems – particularly a sharp rise in corporate debt – remaining unresolved, the respite may be brief. READ MORE


230 pages
230 pages

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