I had the pleasure of studying under Uwe Reinhardt at Princeton. He was by far the best teacher. … Continuar leyendo «Uwe Reinhardt is brilliant!»

I had the pleasure of being invited to a dinner organized by the Princeton University Center for Economic … Continuar leyendo «CEPS: George Soros on the crash of 2008»

The story of the Smoot-Hawley Tariffs should be a cautionary tale to present-day policymakers. The tariffs did not … Continuar leyendo «Global industrial bail-outs: the Smoot-Hawley Tariffs of 2009?»

As a society and as individuals we are loth to take responsibility for our actions. We much prefer … Continuar leyendo «Whodunit?»

During the past few years, I often felt I was the sole economic pessimist. I urged my friends … Continuar leyendo «The Economy: The case for (relative) optimism»

I am not usually a fan of his style, but in this case, his outburst was justified and … Continuar leyendo «Jim Cramer's August 2007 outburst is a must watch!»

By Steven E Worst financial crisis since the Great Depression? Yes—but don’t be cowed by talk of calamity. … Continuar leyendo «All Hail the Fed: why to be skeptical about the priciest bailout ever»

Fannie Mae and Freddie Mac are privately owned and run government sponsored enterprises (GSEs). Fannie Mae was founded … Continuar leyendo «Fannie Mae & Freddie Mac: How we got here and what to do next»

In the past few years, I have been extremely pessimistic about the US economy. I explained that most … Continuar leyendo «The US Economy: How bad will it get?»

By Stacie Rabinowitz I’ve been a bit perturbed lately reading about some of the responses to the global … Continuar leyendo «The Food Crisis: A Radical Rethink»

The first time I got an insight into Sarkozy’s character was reading The Economist review of his literary … Continuar leyendo «Sarkozy: The First Year»

«Is China democratizing? The country’s leaders do not think of democracy as people in the West generally do, … Continuar leyendo «The Prospects for Democracy in China»

On Tuesday evening, I had the pleasure of attending a seminar sponsored by McKinsey on China’s Business and … Continuar leyendo «China’s Business and Policy Evolution»

I am an economist by formation and at heart if not by trade and I am appalled by … Continuar leyendo «Policy recommendation for the candidates»

The road to hell is paved with good intentions! In public policy above all else, I have often … Continuar leyendo «The power of unintended consequences»