Apr 15th 2019 International Selection «Markets do a bad job stabilizing the economy» Miles Kimball, economics professor at University of Colorado Boulder, argues for negative rates and sovereign wealth funds to stabilize the economy.
Apr 15th 2019 Comment Who’s Afraid of Low Inflation? The fact that eurozone inflation is closer to 1% than 2% is not ideal, but this is a minor inconvenience that has not impeded a continuous decline in unemployment. A column by Daniel Gros.
Apr 11th 2019 International Selection «Monetary policy will become more extreme» James Grant, Wall Street expert and editor of the renowned investment newsletter «Grant’s Interest Rate Observer», expects expansionary central banks because they don’t want the stock market to go down.
Apr 9th 2019 International Selection «Central banks are biased towards loose policy» William White, former chief economist at the Bank for International Settlements (BIS), sees the world in a debt trap. He calls for a global monetary system that disciplines national central banks.
Apr 8th 2019 Comment The New-Old Globalization Europe ought to be more integrated physically, through railroads, electricity grids, pipelines. Strictly financial globalization has ignored that kind of connectedness for too long. A column by Harold James.
Apr 5th 2019 International Selection «The deflationary pressure will intensify» Investment Strategist Ed Yardeni doesn’t expect an imminent recession in the United States and is therefore still optimistic for stocks.
Apr 4th 2019 Comment Let the People Decide on Brexit Parliament must submit to the people the decision whether to remain in the EU or accept the withdrawal agreement. A column by Hans-Werner Sinn
Mar 29th 2019 Comment Truly Taking Back Control The nationalists are right that we have moved too far toward standardizing and harmonizing laws and regulations across countries. A column by Raghuram G. Rajan.
Mar 27th 2019 Comment Modern Monetary Nonsense A number of leading US progressives advocate using the Fed’s balance sheet as a cash cow to fund expansive new social programs. This idea is just nuts. A column by Kenneth Rogoff.
Mar 26th 2019 Comment The Dialectic of Global Trade Policy What initially was viewed as an unfortunate US shift to protectionism may in fact have opened a window to improve the functioning of the global economy and world trade. A column by Mohamed A. El-Erian.
Mar 22nd 2019 Comment Misreading China’s Strength The US economy’s current strength is fleeting. Its short-term resilience is faltering. China is in the opposite position: today’s short-term weakness should run its course by midyear. A column by Stephen S. Roach.
Mar 14th 2019 Comment Trump’s Imperial Overreach on Trade The US attempt to control its allies’ trade policy toward China is not driven by economic considerations. Rather, it represents a geostrategic effort to isolate China. A column by Daniel Gros.