Jan 7th 2020 Comment The Crisis of 2020 The diagnosis of vulnerability can be validated from three perspectives, real economies, financial asset prices, misguided monetary policy. Throw a shock into that mix and a crisis occurs. A column by Stephen S. Roach.
Jan 6th 2020 Comment The Need for a Global Trade Makeover A healthy and sustainable world trade regime would be one of «peaceful economic coexistence,» in which different economic systems prosper side by side. A column by Dani Rodrik.
Jan 3rd 2020 Comment Can a Political-Economy Vicious Circle Be Avoided? Resistance to globally integrated markets, reduced foreign investment, and less international cooperation mean slower economic growth and more frustration for working people. A column by Lawrence H. Summers.
Jan 3rd 2020 Comment King Boris’s First Test Any new panic about a breakdown in EU negotiations would prolong the investment slump and might confront Johnson with the threat of a financial crisis before he can deliver any successes. A column by Anatole Kaletsky.
Jan 3rd 2020 Comment How to Make the Internet Safe for Democracy The political harms caused by large scale operators like Facebook and Google are critical issues and ought to be considered in antitrust enforcement. A column by Francis Fukuyama.
Dec 31st 2019 International Selection «China can't afford not to open up» Mark Greeven, Professor of Innovation and Strategy at IMD, sees Chinese technology globally on the rise. Europe should react with an industrial policy.
Dec 30th 2019 Comment The Myth of Global Decoupling Even if there is a permanent fracture between the US and China, the global economy is unlikely to split into two blocs. Bilateral action cannot divide a multilateral trade system. A column by Stephen S. Roach.
Dec 29th 2019 Comment Surveillance Capitalism Digital connection is now merely a means to someone else’s commercial end. Surveillance capitalism is parasitic to the core. A column by Shoshana Zuboff.
Dec 26th 2019 Comment Inequality in Cambridge and Chicago Chicago economics gave us all a healthy respect for markets, but it also gave us too little regard for what markets cannot do, do badly, or should not be called upon to do at all. A column by Angus Deaton.
Dec 25th 2019 Comment Financial Stability Should Be Central Banking’s Prime Objective Laws, rules, and regulations must not stand in the way of central banks’ ability to perform their duties as the lenders of last resort and as the market makers or buyers of last resort. A column by Willem H. Buiter.
Dec 23rd 2019 Comment What’s Behind the Crisis of Democracy? Thinking locally about the problem of representation may be the first step toward overcoming the crisis of democracy globally. A column by Harold James.
Dec 23rd 2019 Comment The Global Economy’s Luck May Run Out The main worry is that over the next five years, global economic and market conditions may need to deteriorate nearer to crisis levels before policymakers muster an adequate response. A column by Mohamed A. El-Erian,