Barry Eichengreen is Professor of Economics and Political Science at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund. His most recent book is Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System.
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Barry Eichengreen
Commentaries by Barry Eichengreen
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Open-Access Economics
CANBERRA – The brouhaha over Carmen Reinhart’s and Kenneth Rogoff’s article “Growth in a Time of Debt” may be the most conspicuous and incen…
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The Use and Abuse of Monetary History
BERKELEY – Imagine two central banks. One is hyperactive, responding aggressively to events. While it certainly cannot be accused of ignorin…
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Europe’s Lost-and-Found Decade
BRUSSELS – Sentiment in European financial markets has turned. For the moment, the possibility of a Greek exit from the eurozone is off the …
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Our Children’s Economics
TOKYO – The economics profession has not had a good crisis. Queen Elizabeth II may have expected too much when she famously asked why econom…
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The Politics of Global Recovery in 2013
DAVOS – Could 2013 be a better year for the global economy than 2012 was? The answer, in principle, is yes. In practice, however, the answer…
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Why No Glass-Steagall II?
MANILA – Eighty years ago this month, Ferdinand Pecora, the cigar-chomping former assistant district attorney for New York City, was appoint…
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The Euroless Union?
BERKELEY – Europe’s crisis has entered a quiet phase, which is no accident. The current period of relative calm coincides with the approach …
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Europe’s Populists at the Gate
LONDON – Is Europe’s crisis over? Investors, policy analysts, and even officials are quietly beginning to suggest that this might be the cas…
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The Renminbi Challenge
SEOUL – Last month, China unveiled its first aircraft carrier, and is gearing up to challenge the United States in the South China Sea. By i…
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Audit the Fed?
BERKELEY – The party platform adopted at the Republican National Convention includes a number of remarkable planks. To a monetary economist,…
Open-Access Economics
Zsolt Hermann: The problem is different. The fault is not with the economists, and it is not with their research method. The problem is the whole framework, paradigm they operate in. The whole socio-economic syst…
Open-Access Economics
Stamatis Kavvadias: Not only that, you are convinced in advance what the historical data should prove!!!!!!!!!! Thanks again for the scientific etiquette.