Germany should not pay for the bankruptcy of Europe, at least according Hans-Werner Sinn, head of the Ifo Institute for Economic Research at the University of Munich.

Chicago School founder Frank H. Knight had some prescient observations in the early 20th century.

Today the world lost one of its leading economic lights, as Nobel laureate Elinor Ostrom passed away at the age of 78.

The refrain for some time now has been that the economy will decide the upcoming U.S. election. But Joe Stiglitz offers some much needed focus to this discussion.

“A chronic trend of this sort would indicate that the yuan was now overvalued versus the dollar,”

It’s crunch time in Europe.

Inequality isn’t just a problem for the 99%.

FT Alphaville uses a Lord of the Rings metaphor to describe the state of global currencies.

Stephen Kinsella has some advice for economists: “Sometimes, all you need is a nutter in a balloon to change your perspective. And perspective is everything.”

If proof were needed of the maxim that the road to hell is paved with good intentions, the economic crisis in Europe provides it

Will China correct this imbalance by allowing the RMB to appreciate? Or will it dump dollars onto forex markets?

INET Executive Director Robert Johnson delivered a keynote address at the OECD Forum in Paristoday.

What’s wrong with our economic recovery?

Who does the economist serve: powerful interests or society?

Mathematician Michael Edesess has a dose of reality for economists.