Bubble Building
Speaking on RT CrossTalk, Carnegie’s Uri Dadush discussed the use of monetary expansion by advanced countries to redress their economies. He warned that although the world is not yet in a new bubble economy, it […]
United States
Obama’s Second-Term Agenda and the Global Economy
Obama’s State of the Union address reinforces his overwhelming focus on a domestic agenda in his second term. […]
Lies, Damned Lies, and Statistics
The manipulation of economic statistics has failed to accurately reflect the underlying economic reality. For this reason, gathering more nuanced and better-targeted statistics must be prioritized. […]
Who Wants to Be Treasury Secretary?
Even a cursory review of the hard facts confronting recent Treasury secretaries suggests that the current nominee may end up facing the most difficult job of any of them. […]
What the U.S. Fiscal Deal Means for the World
The U.S. fiscal deal is a step in the right direction. But Washington still needs to address the biggest cause of the chronic fiscal crisis—exploding healthcare costs. […]
The Inequality Challenge
The United States has experienced a much sharper increase in inequality relative to other advanced countries. In fact, the magnitude of U.S. inequality resembles that of a developing country. […]
Beyond the Fiscal Cliff: Savings, Healthcare, and Inequality
Political bickering has blinded American leadership to the deeply rooted problems with the U.S. economy. […]
U.S. Fiscal Cliff Risks Dragging Global Economy into Darkness
If the United States falls off this fiscal cliff into recession, the outlook for the world economy, already gloomy, will darken further. […]
What Does the U.S. Election Mean for the World Economy?
The U.S. election, whatever the outcome, will not eliminate the need for both parties to compromise in order to make meaningful headway on the tough economic challenges facing the country. […]
Club Med and the Sunbelt: Adjustment within Monetary Union
Differences between the U.S. and eurozone monetary unions go a long way towards accounting for how well or badly each has adjusted in the aftermath of large housing bubbles and severe financial crisis. […]