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The war with radical Islam

French Prime Minister Manuel Valls was not speaking metaphorically when he said that France is at war with radical Islam. There is, indeed, a full-fledged war underway, and the heinous terrorist attac ...More

EJ Insight2015-01-16

Paul Krugman and the Obama recovery

For several years, and often several times a month, the Nobel laureate economist and New York Times columnist and blogger Paul Krugman has delivered one main message to his loyal readers: deficit-cutt ...More

EJ Insight2015-01-06

Financing climate safety

The purpose of the global financial system is to allocate the world’s savings to their most productive uses. When the system works properly, these savings are channeled into investments that raise liv ...More

EJ Insight2014-12-29

Sustainable development economics

Two schools of thought tend to dominate today’s economic debates. According to free-market economists, governments should cut taxes, reduce regulations, reform labor laws, and then get out of the way ...More

EJ Insight2014-11-27

US yielding global leadership role to China

The biggest economic news of the year came almost without notice: China has overtaken the United States as the world’s largest economy, according to the scorekeepers at the International Monetary Fund ...More

EJ Insight2014-11-24

Why we need a new macroeconomic strategy

I am a macroeconomist but I dissent from the profession’s two leading camps in the United States: the neo-Keynesians, who focus on boosting aggregate demand, and the supply-siders, who focus on cuttin ...More

EJ Insight2014-11-14

Our last chance for a safe planet

Humanity has just about run out of time to address climate change. Scientists have pointed out that a rise in temperature of 2 degrees Celsius above pre-industrial levels will put the Earth in dangero ...More

EJ Insight2014-05-29

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