economy

America’s Illusions of Growth

2019-05-20

Many commentators have interpreted buoyant GDP and unemployment data in the United States as vindicating President Donald Trump’s economic policies, and some suggest that his re-election chances have improved as a result...

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A Battle for India’s Soul

2019-04-08

Every Indian general election beats its predecessor’s record to become the largest in world history. This time, Indian voters must decide whether they want an inclusive country that embodies hope, or a divided one that promotes fear.

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What if Zero Interest Rates Are the New Normal?

2019-04-01

The valid insight behind "modern monetary theory" – that governments and central banks together can always create nominal demand

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Modern Monetary Realism

2019-03-26

Is Modern Monetary Theory (MMT) a potential boon to economic policymakers, or, as Harvard’s Kenneth Rogoff recently argued

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Stagnant Capitalism

2019-03-25

A decade after the 2008 financial crisis, faith in markets self-regulating abilities once again lies in tatters. There simply is no single real interest rate that would spur investors to funnel all existing savings

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Understanding the Fed’s Dovish Turn

2019-03-20

Over the past few years, the US Federal Reserve has been ahead of other major central banks in normalizing monetary policy.

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What’s Wrong with Contemporary Capitalism?

2019-03-16

suddenly, capitalism is visibly sick. The virus of socialism has reemerged and is infecting the young once more

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The Case for a Bold Economics

2019-03-13

Although economists are well positioned to imagine new institutional arrangements, their habit of thinking at the margin and sticking close to the evidence at hand encourages an aversion to radical change...

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The Social Solution to Automation

2019-03-05

n our efficiency-obsessed society, new technologies are deployed with the single-minded objective of boosting productivity and eliminating the need for human labor

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Reimagining Davos

2019-02-03

At the recent World Economic Forum annual meeting in Davos, participants made the same mistake they always do

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Risks to the Global Economy in 2019

2019-01-16

Over the course of this year and next, the biggest economic risks will emerge in those areas where investors think recent patterns are unlikely to change

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Iran pushes Iraq to maintain trade without US dollar

2019-01-06

Iran is exerting considerable pressure on the Iraqi government to compel it not to abide by the US sanctions that have been imposed on Tehran in order for it to change

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The Big Blockchain Lie

2018-10-20

Now that cryptocurrencies such as Bitcoin have plummeted from last years absurdly high valuations, the techno-utopian mystique of so-called distributed-ledger technologies should be next.

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$250 Trillion in Debt: the World’s Post-Lehman Legacy

2018-10-06

Governments are largely responsible for the borrowing binge, with their debt growing not just nominally...

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Strategic Insights: Revolutionary Change Is Coming to Strategic Leadership

2018-09-04

Clausewitz famously observed that war has an enduring nature and a changing character that evolves over time as technology, society, economics, and politics shift. This observation also applies to strategic leadership: it too has an enduring nature and a

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Can Turkey Rewrite the Crisis-Management Rules?

2018-08-18

Turkey is trying to rewrite the chapter on crisis management in the emerging-market playbook...

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Main Factors That Influence Global Oil Price

2018-08-11

It is important for any investor to think about putting their money into oil to consider how the price of oil is affected

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The End of the Iran Deal Spells the End of Iranian Moderates

2018-07-10

The end of the Iran Deal will strengthen the hand of Tehrans hardliners

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Will Iran's economy collapse?

2018-06-30

Turbulent developments in the past few months on the foreign exchange and gold markets in Iran

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Nationalism Will Go Bankrupt

2018-06-23

The opposite of populist nationalism is not globalist elitism; it is economic realism. And in the end, countries such as Britain, the United States

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Can the Euro Be Saved?

2018-06-18

The euro may be approaching another crisis. Italy, the eurozones third largest economy, has chosen what can at best be described as a Euroskeptic government

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King Abdullah of Jordan: Balancing on an ever-tighter tightrope

2018-06-06

A look at a decade of failed social, economic and political reform in Jordan goes a far way to explain recent mass anti-government protests demanding the resignation of the government.

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Overcoming the Politics of Pessimism

2018-06-06

Pessimism afflicts those who have lost out economically

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Should Economists Make Moral Judgments?

2018-05-31

At least since the days of John Maynard Keynes, professional economists have not had to worry too much about the moral implications of their technical work

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