Thursday, July 27, 2017
  1. How Would Health-Care Reform Affect Patient Health?

    Martin Feldstein

    How Would Health-Care Reform Affect Patient Health?

    7

     highlights the costs that states and hospitals would face from cuts in the federal Medicaid program.

    US Hospital patient check Brendan Smialowski/Getty Images
    The US Congressional Budget Office has estimated that some 32 million people would lose their formal insurance coverage in the next decade under the various proposals to replace "Obamacare." But it is important to understand just what that would mean in practice, and how much it would actually affect health outcomes. READ MORE
  2. Deciphering China’s Economic Resilience

    Stephen S. Roach

    Deciphering China’s Economic Resilience

    8

     explains why forecasters continue to predict the worst, only to be proven wrong time and again.

    Shanghai shopping road Matteo Colombo/Getty Images
    International economic forecasters find it difficult to resist superimposing the experience of crisis-prone developed economies onto China. But, once again, the Chinese economy has defied the pessimists: after decelerating for six consecutive years, real GDP growth appears to be inching up in 2017. READ MORE
  3. The Coming Financial Volatility

    Gene Frieda

    The Coming Financial Volatility

    6

     believes investors in risky asset markets should be more worried about monetary tightening.

    Monetary tightening Drew Angerer/Getty Images
    Bond investors are from Mars, and central bankers are from Venus – or so suggests the bond market’s negative reaction to signals that the exceptional monetary-policy accommodation of the last decade is winding down. Are risky asset markets right to ignore the red flags that the bond markets are waving? READ MORE
  4. How to Reduce Germany’s Surplus

    Hans-Werner Sinn

    How to Reduce Germany’s Surplus

    22

     identifies the root causes of today's current-account imbalances, and points to a solution.

    Germany's surplus Thomas Lohn/AFP/Getty Images
    It stands to reason that Germany cannot simultaneously reduce its current-account surplus and continue to extend loans to other countries that have run deficits, and failed to maintain fiscal discipline. If all parties involved could reach this basic understanding, that alone would be a major step in the right direction. READ MORE
  5. A “Macroneconomic” Revolution?

    Anatole Kaletsky
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353 pages
353 pages

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