Archive
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Article
Ending the Wild West of Sovereign Debt Restructuring
Jul 23, 2018
Clear rules and sound principles for debt restructuring would level the playing field between developing countries and creditors
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Article
Reproducibility Crisis Reaches All Randomised Controlled Trials
Jul 9, 2018
The social and medical sciences depend on randomised control trials – though they face more assumptions and biases than commonly thought.
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Article
Was Martin Luther King a socialist?
Jul 5, 2018
Was Martin Luther King a socialist? New book may surprise you.
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Article
Money and the Unflappable Economist
Jun 25, 2018
The Koch brothers scandal at George Mason University
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Italy’s Crisis Is the Left’s Crisis
Jun 22, 2018
When politics is defined in terms of “populism” vs. “the mainstream,” the possibility for real economic reform is diminished.
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A Poetic Challenge to Global Capitalism That Will Rend Your Heart
Jun 21, 2018
Edoardo Nesi’s new book tracks the destructive march of globalization and neoliberal capitalism through his own life and the places, like Italy, that lie broken in its wake.
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The Dismal Science and the Beautiful Game
Jun 20, 2018
A light-hearted economic analysis of the World Cup
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The American Behind the Deutsche Mark
Jun 20, 2018
70 years ago today, Edward A. Tenenbaum helped pull off an astounding feat—successfully reforming Germany’s currency after World War II
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Article
How the Largest Banks Are Leading Us to a New Financial Crisis
Jun 19, 2018
By evading regulation of credit default swaps, the major U.S. banks put taxpayers—and the entire economy—at risk
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Article
Italy Holds A Mirror to a Broken Europe
Jun 14, 2018
The election of Italy’s right-wing, populist government exposes the economic and democratic shortcomings of the European project and its nationalist rivals
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The Roots of Argentina’s Surprise Crisis
Jun 12, 2018
A change in macroeconomic policies will not be sufficient to set Argentina on a path of inclusive and sustained economic development. But, as last month’s currency scare showed, abandoning the approach adopted by President Mauricio Macri’s administration at the end of 2015 is a necessary step.
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Article
Who Says Labor Laws Are “Luxuries”?
Jun 11, 2018
The World Bank and IMF say developing economies can’t afford to have strong labor laws. Actually, they can’t afford not to.
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Article
To Understand China’s Economy, Look to Its Politics
Jun 7, 2018
The removal of term limits for Xi Jinping may be a better indicator of economic health—or crisis—than official statistics
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Article
Worrying About the Deficit is So 17th Century
Jun 6, 2018
In “celebration” of the late Pete Peterson’s 92nd birthday (see guest list), an excerpt from 19th Century historian Lord Macaulay’s History of England, on hundreds of years of unwarranted panic about government debt.
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Jim Chanos: “Cryptocurrency is a security speculation game masquerading as a technological breakthrough”
Jun 4, 2018
The “dean of short sellers” says bitcoin is the last thing he’d want to own in the event of a catastrophe.