Friday, November 28, 2014
  1. The Geopolitical Impact of Cheap Oil

    Martin Feldstein

    The Geopolitical Impact of Cheap Oil

    5

     points out that several oil-producing countries cannot afford a further decline in prices.

    Trans-Alaska Oil Pipeline rickz/Flickr

    If the price of oil, which has fallen more than 25% in the past five months, remains at its current level, it will have important implications for many countries around the world, some good and some bad. If it falls further, as seems likely, the geopolitical consequences could be dramatic. READ MORE

  2. Europe’s German Ball and Chain

    Daniel Gros

    Europe’s German Ball and Chain

    13

     calls on Angela Merkel's government to face up to the economy's anemic performance.

    Euro Coins Lif/Flickr

    In 2012, when a financial storm engulfed the eurozone, it was Germany that kept the European ship off the shoals of financial disaster. But Europe's anchor has become a brake, hindering forward movement. READ MORE

  3. China’s Monetary-Policy Surprise

    Stephen S. Roach
  4. Germany’s Four Neins

    Marcel Fratzscher

    Germany’s Four Neins

    15

     lambasts Germany's policy of disengagement on Europe's key policy challenges.

    Germany Chancellor Merkel and Minister of Economy and Energy Gabriel German Chancellor Merkel and Minister of Economy and Energy Gabriel/Reynaldo Paganelli/ZumaPress

    Germany’s stance toward Europe has become one of refusal and rejection: No to a more active fiscal policy for distressed eurozone countries; no to a European investment agenda to boost demand; no to anything but a domestic budget surplus; and, most ominously, no to the European Central Bank. On all four counts, Germany is wrong. READ MORE

  5. Creativity, Corporatism, and Crowds

    Robert J. Shiller

Google Hangout

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299 pages

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