3rd Jul 19, 5:00am
New Zealand’s focus on wellbeing, rather than GDP, may have the best of intentions. But if GDP does not increase, there will be less funding for its grand schemes, less overall wellbeing, worse environmental performance, and weaker human capital
New Zealand’s focus on wellbeing, rather than GDP, may have the best of intentions. But if GDP does not increase, there will be less funding for its grand schemes, less overall wellbeing, worse environmental performance, and weaker human capital
2nd Jul 19, 1:30pm
It is not true that Japan's experience proves that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks
It is not true that Japan's experience proves that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks
2nd Jul 19, 9:49am
Facebook's proposed digital currency and global payments systems raise serious concerns. The new world of frictionless international currency flows sets the stage for severe and chronic capital-market volatility
Facebook's proposed digital currency and global payments systems raise serious concerns. The new world of frictionless international currency flows sets the stage for severe and chronic capital-market volatility
30th Jun 19, 6:31am
The weak state of the global economy conceals an even gloomier story: the worsening plight of the world’s poorest people. Slower growth will make their climb out of poverty even harder; Ceyla Pazarbasioglu is worried
The weak state of the global economy conceals an even gloomier story: the worsening plight of the world’s poorest people. Slower growth will make their climb out of poverty even harder; Ceyla Pazarbasioglu is worried
27th Jun 19, 10:16am
Steve Tsang says China has lessons to learn from the recent enormous Hong Kong protests that highlighted citizen fears for their way of life and Chief Executive Carrie Lam’s gross mismanagement
Steve Tsang says China has lessons to learn from the recent enormous Hong Kong protests that highlighted citizen fears for their way of life and Chief Executive Carrie Lam’s gross mismanagement
25th Jun 19, 1:13pm
Policy blunders have become the rule, not the exception, for the US administration. The combination of ill-timed fiscal stimulus, aggressive tariffs, and attacks on the Federal Reserve demands a far more critical assessment of Trumponomics
Policy blunders have become the rule, not the exception, for the US administration. The combination of ill-timed fiscal stimulus, aggressive tariffs, and attacks on the Federal Reserve demands a far more critical assessment of Trumponomics
15th Jun 19, 10:49am
Roger Farmer urges national treasuries to establish new Social Care Funds that borrow money at low interest rates, and invest the proceeds in the stock market to finance government social programs
Roger Farmer urges national treasuries to establish new Social Care Funds that borrow money at low interest rates, and invest the proceeds in the stock market to finance government social programs
13th Jun 19, 10:54am
Lena Lavinas argues that no universal basic income scheme can work unless it decommodifies access to all essentials
Lena Lavinas argues that no universal basic income scheme can work unless it decommodifies access to all essentials
8th Jun 19, 10:51am
Because mainstream economics has largely failed to find practical ways to address the growing power of dominant tech companies, to remain relevant, economists must rethink some of their discipline's basic assumptions, says Daine Coyle
Because mainstream economics has largely failed to find practical ways to address the growing power of dominant tech companies, to remain relevant, economists must rethink some of their discipline's basic assumptions, says Daine Coyle
6th Jun 19, 10:20am
Relatively strong US growth amid sluggishness elsewhere is not what economics expects. But persistently low interest rates and weak inflation brings multiple benefits to American firms and consumers
Relatively strong US growth amid sluggishness elsewhere is not what economics expects. But persistently low interest rates and weak inflation brings multiple benefits to American firms and consumers
4th Jun 19, 11:23am
The US seems convinced that it is up against a China with a particularly weak hand, owing to the risk of a hard landing for its economy. But while China imports relatively little from the US, it may have even more weapons than its opponent
The US seems convinced that it is up against a China with a particularly weak hand, owing to the risk of a hard landing for its economy. But while China imports relatively little from the US, it may have even more weapons than its opponent
29th May 19, 1:09pm
Nouriel Roubini argues that what started as a trade war between the US & China is quickly escalating into a death match for global economic, technological, and military dominance
Nouriel Roubini argues that what started as a trade war between the US & China is quickly escalating into a death match for global economic, technological, and military dominance
28th May 19, 11:49am
In the 1980s the US portrayed Japan as a grave economic threat. Now China is their new villain when they should be looking squarely in the mirror, Stephen Roach argues
In the 1980s the US portrayed Japan as a grave economic threat. Now China is their new villain when they should be looking squarely in the mirror, Stephen Roach argues
25th May 19, 12:45pm
China is building ties to some of the world’s most authoritarian, financially opaque, and economically backward countries. Rather than exposing itself to massive risks, Chinese should instead seek to repair relations with the West
China is building ties to some of the world’s most authoritarian, financially opaque, and economically backward countries. Rather than exposing itself to massive risks, Chinese should instead seek to repair relations with the West
21st May 19, 9:29am
Around the world loud voices are calling for countries to become carbon neutral by 2050 but the costs will be enormous. Much higher R&D spending on green energy solutions would be far more effective, says Bjørn Lomborg
Around the world loud voices are calling for countries to become carbon neutral by 2050 but the costs will be enormous. Much higher R&D spending on green energy solutions would be far more effective, says Bjørn Lomborg
19th May 19, 6:02am
The experience of Latin America should serve as a clear warning for today’s Modern Monetary Theory enthusiasts. There, fiscal expansions that were financed by printing money spun catastrophically out of control
The experience of Latin America should serve as a clear warning for today’s Modern Monetary Theory enthusiasts. There, fiscal expansions that were financed by printing money spun catastrophically out of control
16th May 19, 9:55am
Amid the sound and fury of northern hemisphere populists, you may think Australia has been spared the turmoil sweeping democracies. But perhaps it's not an outlier if you focus on the decline of the mainstream
Amid the sound and fury of northern hemisphere populists, you may think Australia has been spared the turmoil sweeping democracies. But perhaps it's not an outlier if you focus on the decline of the mainstream
4th May 19, 9:47am
This year’s anniversaries of the 1919 and 1989 student protests in China will highlight the Chinese authorities’ contradictory attitudes toward the two movements. At some point it will have to reckon with its own history
This year’s anniversaries of the 1919 and 1989 student protests in China will highlight the Chinese authorities’ contradictory attitudes toward the two movements. At some point it will have to reckon with its own history
2nd May 19, 9:38am
Strategic asset-allocation decisions determine most of an investment portfolio’s subsequent return. Investors need to focus more on their portfolio composition and worry less about active or passive positions
Strategic asset-allocation decisions determine most of an investment portfolio’s subsequent return. Investors need to focus more on their portfolio composition and worry less about active or passive positions
30th Apr 19, 9:27am
Yu Yongding advocates China going back to expansionary monetary and fiscal policies, alongside its necessary structural adjustment, to keep social wellbeing improving
Yu Yongding advocates China going back to expansionary monetary and fiscal policies, alongside its necessary structural adjustment, to keep social wellbeing improving
