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January 9, 2008

Financial Markets
Read Rogoff and Reinhart

Let me second Martin Wolf. Ken Rogoff and Carmen Reinhart’s recent paper is brilliant. They also have mastered the art of saying a lot in a little space. There is no excuse not to read it in full. Ro…

May 2, 2013

Europe
Rogoff and Reinhart on Austerity

Ken Rogoff and Carmen Reinhart (R&R) have a good piece in the Financial Times today, "Austerity is not the only answer to a debt problem." This, along with other pieces (for example, here and here), …

July 6, 2017

North Korea
Reuters Taking On North Korea at the G20

North Korea’s test of an intercontinental ballistic missile during the week of the Hamburg summit injects an air of crisis into an already tricky set of meetings.

October 14, 2016

Israel
Who Supported the Shameful UNESCO Vote on Jerusalem?

There is little to be added to the scorn rightfully shown in the United States and in Israel (which has cut all ties to UNESCO) toward the UNESCO vote this week that in essence wipes out Jewish and C…

May 14, 2010

Economic Crises
Eurozone Problem for the United States

Six experts weigh in on the contagion threat of the European debt crisis and the potential impact on the U.S. economy.

September 9, 2011

Media
Carmen Reinhart and Kenneth Rogoff’s "This Time is Different" Wins CFR’s 2011 Arthur Ross Book Award

This Time is Different: Eight Centuries of Financial Folly (Princeton University Press), by Carmen M. Reinhart and Kenneth S. Rogoff, has won CFR’s tenth annual Arthur Ross Book Award for the best bo…

April 30, 2013

Fiscal Revisionism

Following the controversy sparked by errors found in Harvard professors Carmen Reinhart and Ken Rogoff’s This Time is Different that has played a central role in supporting austerity policies in the …

May 20, 2013

U.S. Congressman Paul Ryan (R-WI) speaks in front of the "national debt clock" in New Hampshire, September 2012 (Brian Snyder/Courtesy Reuters.) Learning About Growth from Austerity

MILAN – In a recent set of studies, Carmen Reinhart and Kenneth Rogoff used a vast array of historical data to show that the accumulation of high levels of public (and private) debt relative to GDP h…

March 18, 2010

Economic Crises
Debt Recovery: A Balancing Act

Early stimulus withdrawal would hurt the U.S. economy, but the U.S. Treasury needs to announce a debt-reducing strategy to buoy market confidence, says sovereign debt expert Carmen Reinhart.