Editor’s Note: The following is an edited version of the Irish Business and Employers Confederation Annual Lecture, delivered in Dublin on M…
CAMBRIDGE – There is no magic Keynesian bullet for the eurozone’s woes. But the spectacularly muddle-headed argument nowadays that too much …
PRINCETON – In April 2010, the International Monetary Fund’s World Economic Outlook offered an optimistic assessment of the global economy, …
WASHINGTON, DC – The recent governance controversy at JPMorgan Chase has masked a much larger issue. Regardless of Jamie Dimon’s victory in …
STANFORD – The recent controversy over errors in a 2010 paper by the economists Carmen Reinhart and Kenneth Rogoff is a sad commentary on th…
HONG KONG – Too often, debate about the relationship between the state and the market casts them as opposing forces locked in a zero-sum str…
NEW YORK – China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reform…
LONDON – The doctrine of imposing present pain for future benefit has a long history – stretching all the way back to Adam Smith and his pra…
CAMBRIDGE – Several of my Harvard University colleagues have recently been casualties in the crossfire between fiscal “austerians” and fisca…
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…