Jan 9th 2019 Comment Why Is the Fed Still Raising Interest Rates? There are, at least, three good reasons that justify the view at the Federal Open Market Committee that the current interest rate is too low and needs to be raised. A column by Martin Feldstein.
Jan 4th 2019 International Selection «There Will Be More Rude Awakenings» Dan Ivascyn, Group Chief Investment Officer at Pimco, expects more market turmoil in 2019 and hints how investors can protect their portfolio.
Jan 4th 2019 Comment In Defense of the Fed The Fed is finally coming clean on the perils of asset-dependent growth and the long string of financial bubbles that has done great damage to the US economy over the past 20 years. A column by Stephen S. Roach.
Jan 3rd 2019 International Selection «It is going to get a lot worse» Ian Bremmer, political scientist and founder of Eurasia Group, a global political risk research and consulting firm, warns of the challenges that Europa faces in the next years and expects more protests in the street.
Dec 31st 2018 Comment Lies, Damned Lies, and AI In the age of AI, algorithms will force us to recognize how the outcomes of past social and political conflicts have been perpetuated into the present through our use of data. A column by Diane Coyle.
Dec 27th 2018 Comment The Limits of China’s Charm Offensive If China wants to make reliable friends in its neighborhood, it will have to make far greater concessions on security issues, especially territorial disputes. A column by Minxin Pei.
Dec 24th 2018 Comment The Danger of an Unpopular Putin Putins declining approval ratings are not good news for anyone. If he feels that his authority is waning, he may soon decide that it’s time for another victory at others’ expense. A column by Tikhon Dzyadko.
Dec 21st 2018 Comment Trump’s Anti-Service Economy Imposing import tariffs to shore up the old goods-producing industries ignores the dynamics of growth and does nothing to help sunrise sectors. A column by Anne O. Krueger.
Dec 20th 2018 Comment Betting on Dystopia While we shouldn’t be surprised by this year’s cryptocurrency price bust, the price of these coins is not necessarily zero. A column by Kenneth Rogoff.
Dec 19th 2018 Comment Can Investments Be Too Efficient? From a political perspective, optimal efficiency is not always desirable. In a democracy, reconciling conflicts of interest among stakeholders may require that we sacrifice some efficiency. A column by Diane Coyle.
Dec 18th 2018 Comment The Sino-American Cold War’s Collateral Damage If the US and China decided to engage in a prolonged cold war, the – dire – consequences would be dwarfed by another consequence: a lack of sufficiently strong action to combat climate change. A column by Minxin Pei.
Dec 18th 2018 Comment How to Save Social Security Systems The current structure of pension systems in most developed countries cannot be sustained without cutting benefit levels substantially or introducing much higher taxes. A column by Martin Feldstein.