How climate agreements and trade measures go together
Rather than focusing on international conferences like COP, we should direct our energies towards negotiating agreements that can achieve progress in narrow, but crucial, economic sectors.
3m ago
Fixing global economic governance
Rarely have the shortcomings of world leaders and existing institutional arrangements been so glaringly obvious.
6m ago
Inequality and democracy
Should we be surprised that so many people view the growing concentration of wealth with suspicion, or that they believe the system is rigged?
8m ago
Double standards of Western industrial policy
US President Joe Biden’s administration should be commended for its open rejection of two core neoliberal assumptions.
11m ago
No confidence in the Fed
The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world.
1y ago
Who stands for freedom?
We desperately need free markets, but that means, above all, markets that are free from the stranglehold of monopoly and monopsony.
1y ago
How not to fight inflation
Anyone with any faith in the market economy knew that the supply issues would be resolved eventually; but no one could possibly know when.
1y ago
All Pain and No Gain from Higher Interest Rates
In the name of taming inflation, central banks have set themselves on a path to cause a recession.
1y ago
August 8, 2016
Globalisation and its new discontents
The failure of globalisation to deliver on the promises of mainstream politicians has surely undermined trust and confidence in the “establishment.” And governments' offers of generous bailouts for the banks that had brought on the 2008 financial crisis, while leaving ordinary citizens largely to fend for themselves, reinforced the view that this failure was not merely a matter of economic misjudgments.
May 16, 2016
Monopoly's New Era
For 200 years, there have been two schools of thought about what determines the distribution of income – and how the economy functions.
April 19, 2016
What's wrong with negative rates?
I wrote at the beginning of January that economic conditions this year were set to be as weak as in 2015, which was the worst year
March 20, 2016
The New Generation Gap
SOMETHING interesting has emerged in voting patterns on both sides of the Atlantic: Young people are voting in ways that are
January 27, 2016
Sri Lanka's Rebirth
Sri Lanka is fortunate to have a low level of urbanisation today; but this is likely to change in the next two decades. This gives the country the opportunity to create model cities, based on the adequate provision of public services and sound public transport and attuned to the cost of carbon and climate change.
January 10, 2016
The New Geo-Economics
Last year was a memorable one for the global economy. Not only was overall performance disappointing, but profound changes – both for better and for worse – occurred in the global economic system.
January 1, 2016
The great malaise continues
Former US Federal Reserve Board Chairman Ben Bernanke once said that the world is suffering from a “savings glut.”
December 11, 2015
When inequality kills
It is perhaps true that unhealthy habits are more concentrated among poor Americans, a disproportionate number of whom are black. But these habits themselves are a consequence of economic conditions, not to mention the stresses of racism.
September 13, 2015
Fed up with the Fed
At the end of every August, central bankers and financiers from around the world meet in Jackson Hole, Wyoming, for the US Federal Reserve's economic symposium. This year, the participants were greeted by a large group of mostly young people, including many African- and Hispanic Americans.
August 14, 2015
America in the Way
The third Interna-tional Conference on Financing for Development recently convened in Ethiopia's capital, Addis Ababa.
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