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David Marsh

Grassroots Economics

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

Eichengreen explains the origins of the economic crisis.

Death Cometh for the Greenback

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

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

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

Taking Root

It's premature to proclaim the death of Latin American democracy--but the United States still needs to pay more attention to what happens there.

Commentary

The Next Depression?

As the U.S. economy slows and the dollar loses value, Washington faces a tough choice: letting the market right itself or succumbing to the rising protectionist tide. Will policy makers act responsibly or try to score cheap political points?

A Deadly Disconnect

The United States is focused on fighting extremism, but ordinary Pakistanis are worried about the economy. Why emerging markets are key to the war on terror.

Books & Reviews

Success Story; Review of David Marsh, The Most Powerful Bank: Inside Germany's Bundesbank

Marsh is a gifted journalist and his command of events is most impressive, but he does not have the same respect for ideas as he does for the nitty-gritty of reportage.

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April 18, 2014