Myron Scholes - Project Syndicate

Myron Scholes

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Myron Scholes, a Nobel laureate in economics, is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business and co-originator of the Black-Scholes options pricing model.

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Solving the Productivity Puzzle
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Solving the Productivity Puzzle

May 9, 2018 James Manyika & Myron Scholes identify three outstanding features of the current version of the famous Solow Paradox.

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The EU’s Four Challenges
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The EU’s Four Challenges

Ana Palacio wants Europe's leaders to shift their focus from the European Parliament elections to real problem-solving.

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Can the Belt and Road Become a Trap for China?
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Can the Belt and Road Become a Trap for China?

Yasheng Huang says Chinese policymakers should repair relations with the West rather than push large infrastructure projects.

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Will Young Voters’ Apathy Take Down Europe?
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Will Young Voters’ Apathy Take Down Europe?

Dominique Moisi

While many around the world have watched the run-up to this week's European Parliament election with bated breath, younger Europeans themselves have apparently been focused on the final episodes of HBO's "Game of Thrones." If they stay home, their own winter will be coming.

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How Inflation Could Return
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How Inflation Could Return

Mohamed A. El-Erian

After years of low inflation, investors and policymakers have settled into a cyclical mindset that assumes advanced economies are simply suffering from insufficient aggregate demand. But they are ignoring structural factors at their peril.

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Has Austerity Been Vindicated?
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Has Austerity Been Vindicated?

Robert Skidelsky

A correlation between fiscal retrenchment and economic growth tells us nothing about the underlying relationship between the two. This should be borne in mind in light of new research suggesting that austerity may well be the right policy in a recession.

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Looking Back at 100
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Looking Back at 100

Richard N. Haass identifies three dominant themes – none particularly hopeful – in his commentaries over the past 20 years.

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A Vote for Populists Is a Vote for Putin
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A Vote for Populists Is a Vote for Putin

Guy Verhofstadt thinks the choice facing voters in the European Parliament election could not be clearer.

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Putting Africa’s Secondary Cities First
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Putting Africa’s Secondary Cities First

Ibrahim Assane Mayaki advises policymakers not to lose sight of intermediary urban areas' crucial role in economic development.

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