MILAN – In a recent set of studies, Carmen Reinhart and Kenneth Rogoff used a vast array of historical data to show that the accumulation of…
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…
CAMBRIDGE – When the stakes are high, it is no surprise that battling political opponents use whatever support they can garner from economis…
LONDON – Since the 1970’s, economists have warned that a monetary union could not be sustained without a fiscal union. But the eurozone’s le…
BRUSSELS – The most visible symptom of the crisis in the eurozone has been the high and variable risk premiums that its peripheral countries…
PARIS – Controversy is essential to the advancement of science. So the debunking of methodological flaws and a coding error in a paper by th…
BERKELEY – Over the last five years, the growth of health-care spending in the United States has slowed dramatically – to the lowest rate in…
CAMBRIDGE – It has been a while since a debate among academic economists attracted so much interest from the mainstream press as has the row…
BERKELEY – A government that does not tax sufficiently to cover its spending will eventually run into all manner of debt-generated trouble. …
NEW HAVEN – At 7.7%, China’s annual GDP growth in the first quarter of this year was slower than many expected. While the data were hardly d…