Macroeconomics Articles

The No-Growth Trap

Benjamin M. Friedman | Oct 25, 2011
Without economic recovery there is no political consensus; without political consensus there is no economic recovery. If Washington fails to overcome its current stalemate, a long period of monetary stagnation and moral decline will set in.

Mr. Bernanke Goes to War

Barry Eichengreen | Dec 16, 2010
Finance ministers around the world are up in arms over the Fed's latest efforts to jump-start the anemic U.S. economy. The future of globalization hangs in the balance.

Grassroots Economics

Raghuram Rajan | Jun 28, 2010
The IMF has become little more than an abettor of bad policymaking. To avoid the next meltdown, the IMF must become a global advocacy group. Diplospeak is out; punchy prose and clear policy recommendations are in.

The Last Temptation of Risk

Barry Eichengreen | Mar 26, 2010
Eichengreen explains the origins of the economic crisis.

Death Cometh for the Greenback

Joseph E. Stiglitz | Oct 27, 2009
America’s debt is ballooning. Runaway inflation threatens our creditors. Faith in the almighty dollar is wavering. Soon a global reserve, complete with its own currency, will land the final blow against the dollar. But contrary to popular opinion,

Manchurian Paradox

Stephen S. Roach | Apr 27, 2009
The America-China symbiosis cannot be overstated. Beijing’s willingness to buy U.S. debt allowed us to live on credit, while our purchase of Chinese goods propelled their meteoric rise. But as the financial markets have soured, some in the United

Mo' Money, Mo' Problems

Daniel Altman | Jul 02, 2008
A host of countries are making great economic strides, which means the burgeoning global middle class is demanding an ever-growing piece of the pie. That’s good news, but it’s also causing higher prices for just about everything you could want. Th

Covering Your Assets

Brad Setser | Apr 25, 2008
A second look at the threat of global financial annihilation.

Trading Up

Shanker A. Singham | Jul 01, 2007
Policymakers can break down regulatory barriers to trade by concerning themselves with consumer, not producer, welfare.

No Free Lunch

Peter G. Peterson | Jul 01, 2007
America needs to start facing hard economic choices.

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May 26, 2012