Keynes and Money: A Man Obsessed?
Benn Steil's op-ed for Paul Solman's PBS Newshour site examines Keynes's lifelong obsession with the mysteries and menaces of money.
See more in Financial Markets; International Finance; Monetary Policy
Benn Steil's op-ed for Paul Solman's PBS Newshour site examines Keynes's lifelong obsession with the mysteries and menaces of money.
See more in Financial Markets; International Finance; Monetary Policy
Benn Steil's op-ed asks whether Germany is making the same errors in managing the eurozone crisis today as the United States made with its wartime allies at Bretton Woods in 1944.
See more in Germany; Financial Crises; Financial Markets; International Finance
A major stock market sell-off would have grave negative consequences for all parts of the U.S. economy, but specifically for the individual consumer, businesses, and the government.
See more in United States; Financial Crises; Financial Markets
Michael Spence argues that, although research suggests high debt levels have a negative effect on long-term growth, countries cannot restore growth through austerity measures alone.
See more in Global; Budget, Debt, and Deficits; Financial Markets
Much of the outrage over economic inequality in the United States has centered on the high compensation and lack of accountability that corporate executives supposedly enjoy -- allegedly the result of boards at public companies. The truth, however, is that American CEOs now earn less and get fired more than in the recent past.
See more in United States; Corporate Governance; Financial Markets
Wolfgang Schäuble discusses the financial market regulation and current state of the European Union.
See more in EU; Financial Markets; Financial Regulation
Wolfgang Schäuble discusses the financial market regulation and current state of the European Union.
See more in EU; Financial Markets; Financial Regulation
Inequality is rising across the post-industrial capitalist world. The problem is not caused by politics and politics will never be able to eliminate it. But simply ignoring it could generate a populist backlash. Governments must accept that today as ever, inequality and insecurity are the inevitable results of market operations. Their challenge is to find ways of shielding citizens from capitalism's adverse consequences -- even as they preserve the dynamism that produces capitalism's vast economic and cultural benefits in the first place.
See more in Financial Markets; Poverty
Michael Spence argues that effective management of the assets side of national balance sheets is critical for promoting market efficiency, innovation, and resiliency.
See more in Budget, Debt, and Deficits; Financial Markets; Global
Benn Steil's Wall Street Journal Europe op-ed, co-authored with Dinah Walker, argues that the Bank of England is getting "Libored"—that is, misled and manipulated—by the banks benefiting from its Funding for Lending Scheme. The Fed, which has shown interest in the scheme, should beware.
See more in United Kingdom; Financial Crises; Financial Markets
While a new round of U.S. quantitative easing will have a negative impact on emerging markets like Brazil, the country should not blame U.S. monetary policy for the structural flaws in its economy, says expert Bernardo Wjuniski.
See more in Brazil; Financial Markets
This report assesses regulations affecting domestic firms in 185 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders.
See more in Poland; Financial Markets
Academics discuss the state of the American Economy looking forward
See more in United States; Financial Markets
Watch out, Wall Street: former Fed chair Paul Volcker takes aim at greedy bankers, a weak financial system, and a flawed Ryan plan in an exclusive interview for Newsweek with Leslie H. Gelb.
See more in Financial Crises; United States; Financial Markets; Elections
The euro's naysayers have it all wrong.
See more in Financial Markets; EU; Financial Crises
Ray Dalio explains the basic fundamental components and transactions of the global economic machine and shares his views on the current financial crisis. This session was part of the Corporate Program's CEO Speaker Series.
See more in Financial Markets; United States; Financial Crises
Peter Orszag calls for the revival of Build America Bonds to channel tax subsidies to state and local governments for infrastructure investment.
See more in United States; Financial Markets; Tax Policy
Sebastian Mallaby argues that the conditionality of the ECB plan to resume sovereign bond purchases will blunt the intervention's effectiveness.
See more in EU; Financial Markets; Monetary Policy
Sebastian Mallaby argues that policymakers must decide whether the federal government will ensure the stability of the shadow banking system.
See more in Financial Crises; Financial Markets; Global
Commodities traders are looking to countries beset with internal unrest to make high-risk bets for high rewards.
See more in Global; Financial Crises; Financial Markets
Will the Obama administration show a greater interest in Africa in the second term?
The Future of U.S. Special Operations Forces
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
Reforming U.S. Drone Strike Policies
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
Pathways to Freedom
An authoritative and accessible look at what countries must do to build durable and prosperous democracies—and what the United States and others can do to help. More
The Power Surge
A groundbreaking analysis of what the changes in American energy mean for the economy, national security, and the environment. More
Two Nations Indivisible
Through an in-depth analysis of modern Mexico, Shannon O'Neil provides a roadmap for the United States' greatest overlooked foreign policy challenge of our time—relations with its southern neighbor. More