Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University and recipient of the 2011 Deutsche Bank Prize in Financial Economics, was the chief economist of the International Monetary Fund from 2001 to 2003. His most recent book, co-authored with Carmen M. Reinhart, is This Time is Different: Eight Centuries of Financial Folly.
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Kenneth Rogoff
Commentaries by Kenneth Rogoff
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Europe’s Lost Keynesians
CAMBRIDGE – There is no magic Keynesian bullet for the eurozone’s woes. But the spectacularly muddle-headed argument nowadays that too much …
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The Long Mystery of Low Interest Rates
CAMBRIDGE – As policymakers and investors continue to fret over the risks posed by today’s ultra-low global interest rates, academic economi…
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Mexico Breaking Good?
MEXICO CITY – For a glimpse of the average American’s understanding of the relationship between the United States and Mexico, one only has t…
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Blaming the Fed
FRANKFURT – Critics of the US Federal Reserve are having a field day with embarrassing revelations of its risk assessments on the eve of the…
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The Unstarvable Beast
CAMBRIDGE – As the world watches the United States grapple with its fiscal future, the contours of the battle reflect larger social and phil…
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Innovation Crisis or Financial Crisis?
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…
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What’s Troubling India?
CAMBRIDGE – India’s recent fall from macroeconomic grace is a lamentable turn of events. After many years of outperformance, GDP growth has …
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King Ludd is Still Dead
CAMBRIDGE – Since the dawn of the industrial age, a recurrent fear has been that technological change will spawn mass unemployment. Neoclass…
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Ending the Financial Arms Race
CAMBRIDGE – People often ask if regulators and legislators have fixed the flaws in the financial system that took the world to the brink of …
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How Long for Low Rates?
CAMBRIDGE – How long can today’s record-low, major-currency interest rates persist? Ten-year interest rates in the United States, the United…
Europe’s Lost Keynesians
J. Bradford DeLong: There are two ways to think about why North Atlantic economies are depressed. The first is that would-be spenders (including people and businesses that buy durable capital goods) want to spend less th…
Europe’s Lost Keynesians
Paul A. Myers: In the major eurozone economies, the big banks need to be broken up, which should be easy once you write down the bad assets since all the bank equity will be negative. Bank concentration is the big u…