Rethinking the growth imperative
[2012-01-06 13:03]Modern macroeconomics often seems to treat rapid and stable economic growth as the be-all and end-all of policy.
Schadenfreude capitalism
[2012-01-05 15:27]The protracted financial and economic crisis discredited first the American model of capitalism, and then the European version. Now the Asian approach may take some knocks, too.
The French don't get it
[2011-12-29 14:53]The French government just doesn't seem to understand the real implications of the euro, the single currency that France shares with 16 other European Union countries.
The insider brain gain
[2011-12-26 14:47]Unfortunately, many new technologies and business models make money for investors without creating jobs for workers. That causes unemployment and increases what the blogger Clay Shirky calls "cognitive surplus" – unused brainpower.
The exchange-rate delusion
[2011-12-20 14:34]The focus on currencies as a cause of the West's economic woes, while not entirely misplaced, has been excessive.
Occupy the classroom?
[2011-12-16 16:56]A group of students staged a walkout in Harvard's popular introductory economics course, Economics 10. Their complaint: the course propagates conservative ideology in the guise of economic science and helps perpetuate social inequality.
Disaster can wait
[2011-12-16 16:30]Nowadays there is no shortage of pundits, economic or otherwise, warning of impending disaster. If right, they are hailed as seers; if wrong, chances are that no one will remember.
The climate extremists
[2011-12-14 17:11]Nowadays, no hurricane or heat wave passes without a politician or activist claiming it as evidence of the need for a global climate deal, like the one that just got postponed until the end of the decade in Durban, South Africa.
Europe's darkness at noon
[2011-12-02 14:15]It may be hard to imagine that Europe's crisis could worsen, but it just has.
Angela Merkel's vision thing
[2011-11-30 13:58]As Europe struggles to save the euro, the chorus of complaints about weak leadership in the world's major economies grows louder.
A gravity test for the euro
[2011-11-04 15:56]There are plenty of vaguely-plausible reasons why the euro has remained so firm against the dollar throughout the euro crisis, at least so far.
Palestine's time
[2011-11-02 17:45]With its refusal to negotiate for a realistic peace, Israel is effectively demanding the disappearance of Palestinian identity. The rest of the world should not tolerate that effort, even if the US does.
