financial crisis

Blog
Sep 26, 2011

The revolution will be tweeted

Velcrow Ripper
Business as usual is clearly not working. The occupation of Wall Street is just beginning, but it is already sending a powerful message, a challenge to the old world order.
Blog
Sep 22, 2011

Global imbalances

Andrew Jackson
The IMF World Economic Outlook notes that the desired process of rebalancing global demand from countries with large trade deficits to countries with large trade surpluses is not going very well.
Blog
Sep 21, 2011

Trade unions urge G20 action on jobs

Andrew Jackson
The G20 labour ministers' meeting next week is being held against the background of high unemployment in the advanced economies, and the prospect for unemployment to increase even further.
Blog
Sep 9, 2011

The history of the post-9/11 world

Gerry Caplan
Ten years after the trauma of 9/11, the richest 1 per cent of Americans earn as much as the bottom 60 per cent and have as much wealth as the bottom 90 per cent. But you ain't seen nothing yet.
Blog
Aug 20, 2011

Outlook darkens as budget debate begins

Andrew Jackson
Both the Governor of the Bank of Canada and the Finance Minister conceded to the House of Commons Finance Committee that the economic outlook is indeed significantly less rosy than they had thought.
Blog
Aug 19, 2011

Mythologies: Money and hyperinflation

Arun DuBois
How to reconcile what we know happened in 1920s Germany (money printing, hyperinflation), with MMT views? After all, MMT theorists tend to downplay worries about "money printing."
Blog
Aug 13, 2011

Market mayhem

Andrew Jackson
The wild swings in the markets this week serve as another reminder of the weakness of linkage between levels and changes in financial asset values and levels and changes in real economic variables.
Blog
Aug 11, 2011

Thoughts on 'Why not print money?'

Marc Lee
Once we start talking about "printing money," the danger is that misunderstandings about what money is get amplified. It is the belief that a colourful piece of paper has a certain value that matters.

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