
Economics & Finance
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Let the Banks Burn
Let the Banks Burn
Yanis Varoufakis shows why the current private system is unfixable – and why we don’t need to tolerate it anymore. -
How China Benefits from Another US Banking Crisis
How China Benefits from Another US Banking Crisis
Stephen S. Roach thinks America’s latest financial trouble will reinforce a narrative of terminal national decline. -
PS Events: What Economics is Missing
PS Events: What Economics is Missing
Our latest event, What Economics is Missing, is now live.
Click the link below for opening remarks from Dani Rodrik, followed by a discussion among Ashwini Deshpande, Raquel Fernández, Minouche Shafik, and Vera Songwe on how to achieve inclusivity in economics.
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Localizing Development Research
Localizing Development Research
Julia Kaufman & Jane Wanjiku Mariara explain why funders should be providing more long-term resources to researchers in developing countries. -
The Simplest Fix for Banking
The Simplest Fix for Banking
Jan Eeckhout explains how central bank digital currencies would end bank runs and banks' excessive risk-taking. -
America’s Industrial Policy Is Counterproductive
America’s Industrial Policy Is Counterproductive
Anne O. Krueger laments that the Biden administration is adding red tape to an inefficient subsidy program. -
America’s Financial Regulatory System Is Still Broken
America’s Financial Regulatory System Is Still Broken
Howard Davies laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings. -
The Fed Must Not Flinch
The Fed Must Not Flinch
Michael R. Strain urges the US central bank to continue raising interest rates, despite signs of financial-sector fragility. -
Reimagining Development
Reimagining Development
Andrew Sheng & Xiao Geng argue that grassroots engagement and social enterprise are crucial to achieving countries' aspirations.