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November 23, 2020 5:30 am
The Most Predictable Global Financial Crisis
Though the impending emerging market debt crisis may be predictable, it may not be avoidable.
November 12, 2020 5:30 am
Budget Deficits Still Matter
Several of the world’s most indebted countries seem to think they can grow their way out of any amount of debt. Good luck.
October 27, 2020 5:30 am
Who Wants to Give Italy a Free Loan?
With global financial markets awash in cheap credit, Italy is issuing zero-interest bonds and hoping that it can somehow avoid fiscal calamity.
October 21, 2020 5:41 am
Fifty Trillion Reasons Why
How to understand the massive transfer in wealth to the top 1 percent—and what to do about it.
Gregg Hurwitz and Marshall Herskovitz
October 15, 2020 5:18 am
Brazil’s Public Spending Problem Is a Warning for Us All
The country was already in trouble before COVID-19. Now a currency crisis seems unavoidable.
October 5, 2020 5:22 am
The European Central Bank Can’t Save the European Economy by Itself
The bank’s single mandate of price stability could create more economic instability in the long run.
September 16, 2020 5:24 am
The European Central Bank Is Running Out of Options
How do you address a recession, a strengthening currency, a precarious banking sector, and deflation all at the same time?
September 10, 2020 5:30 am
Worker-Focused Pandemic Relief Was a Success
But as Congress and the administration consider next steps, the fear of welfarism is colliding with sound policy and the principle of fairness.
September 4, 2020 5:07 am
“Opportunity Zones” Don’t Actually Work
If you were one of the die-hards who diligently sat through last week’s Republican convention, you heard a…
September 2, 2020 5:43 am
Europe’s Banks Are Not Ready for the Coronavirus Recession
Ten years after the international financial crisis, European banks seem dangerously unprepared for the depth of the coronavirus recession.