Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario. He is the co-author, with James Kwak, of White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You.
Whether or not the eurozone will succeed in finding ways to ensure that all of its members grow and benefit from growth cannot be known. What is certain is that in an environment like the current one,… read more
Apocalyptic fiction writers may one day be proved correct: we should not underestimate humans’ abilities to inflict damage on their community, their environment, and even the entire planet. But, for n… read more
The Republicans may have won big in November 2016, but US President Donald Trump’s ability to pass legislation still depends on what congressional Republicans expect to see happen in the November 2018… read more
The US administration's economic agenda suffered a major setback when congressional Republican leaders withdrew their hastily drafted bill to repeal the Affordable Care Act. The failure of the preside… read more
Powerful people do well from booms and busts, and the Goldman Sachs alumni serving in top US government posts are determined to see that they do. The rest of us can expect deeper inequality and more c… read more
The real danger posed by US President Donald Trump must be fully appreciated: he is not alone in his self-serving disregard for reality. Other prominent Republicans, including in the House of Represen… read more
US President-elect Donald Trump is stuffing his cabinet with rich people. And the essentials of the incoming administration's economic-policy agenda are straightforward: lower taxes for the oligarchs … read more
Given the role of technology in displacing workers, protectionism – tearing up trade agreements and imposing tariffs on Chinese and Mexican goods – won’t bring back high-paying manufacturing jobs, as … read more
Can the global economy, still coping with the aftermath of the 2008 financial crisis, withstand the shock of Donald Trump’s victory? Is a world recession now inevitable?
