Monday, August 29, 2016
  1. The Making of China’s Consumer Society

    Andrew Sheng, ET AL
  2. Trump’s Foreign Admirers

    Ricardo Hausmann
  3. The Scarecrow of National Debt

    Robert Skidelsky

    The Scarecrow of National Debt

    68

     asks why so many people are more fearful about government debt than they are about higher taxes.

    Newsart for The Scarecrow of National Debt Alex Wong/Getty Images

    Many people think that, however burdensome heavy taxes are, it is more honest for governments to raise them to pay for their spending than it is to incur debt. But public debt in the US and the UK is far below the level at which it would crowd out private spending today or depress future generations' consumption. READ MORE

  4. The Easy Money Contagion

    Carmen Reinhart
  5. Reducing Inequality and Poverty in America

    Martin Feldstein

    Reducing Inequality and Poverty in America

    30

     identifies an approach that achieves results without undermining work incentives.

    Newsart for Reducing Inequality and Poverty in America Spencer Platt/Getty Images

    The current election season in the US has reflected widespread concern about inequality. Reducing poverty, rather than penalizing earned success, is the right focus for dealing with it, and that means devising ways to boost participation in government programs to help the poor, while avoiding adverse effects on work incentives. READ MORE

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