The Failure of the Euro
The collapse of the euro is no accident; the seeds of the crisis were planted before the monetary union even began, argues a former chair of the Council of Economic Advisers.
Dr. Feldstein is the George F. Baker professor of economics at Harvard University and President Emeritus of the National Bureau of Economic Research (NBER). He served as President and CEO of the NBER from 1977–82 and 1984–2008. He continues as a research associate of the NBER. From 1982 to 1984, he was chairman of the Council of Economic Advisers and President Reagan’s chief economic adviser. He served as president of the American Economic Association in 2004. In 2006, President Bush appointed him to be a member of the President’s Foreign Intelligence Advisory Board. In 2009, President Obama appointed him to be a member of the President’s Economic Recovery Advisory Board. He is based in Cambridge, MA.
The collapse of the euro is no accident; the seeds of the crisis were planted before the monetary union even began, argues a former chair of the Council of Economic Advisers.
In this Financial Times opinion piece, Martin Feldstein, a Harvard economics professor, argues that the Federal Reserve's quantitative easing proposal is not a fix for the U.S. economy.
See more in United States, Economics, Financial Crises
Listen to two leading economists discuss market turmoil, the falling dollar, and the role of the U.S. Federal Reserve.
See more in Business and Foreign Policy, International Finance
Watch two leading economists discuss market turmoil, the falling dollar, and the role of the U.S. Federal Reserve.
See more in Business and Foreign Policy, International Finance
Video Two leading economists discuss market turmoil, the falling dollar, and the role of the U.S. Federal Reserve.
See more in Business and Foreign Policy, International Finance
Dr. Martin Feldstein and Mr. Allan Meltzer discuss the global credit crunch, and the ideal role of central banks.
See more in Global Governance, IMF, World Bank
The defense budget of the United States, the world's leading military power throughout the twentieth century, is not enough for the country to confront the threats of the twenty-first. It should be increased -- and can be without negatively affecting the economy. The money is available; it must be joined by political will.
See more in Defense Policy and Budget
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