Next month, the US Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. F ...More
EJ Insight2018-09-21
Emerging economies are often grouped together as something of a monolith. But when it comes to economic performance, they diverge widely, with only some countries achieving rapid and relatively consis ...More
EJ Insight2018-09-19
A universal basic income (UBI) would be both regressive and prohibitively expensive. Yet the idea continues to attract a motley crew of tech and labor leaders, libertarians, and progressives, who fear ...More
EJ Insight2018-09-18
As we mark the decennial of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether the lessons needed to prepare for th ...More
EJ Insight2018-09-14
Much will be said about the tenth anniversary of the 2008 financial crisis, so I will focus on the global economy, which has not been nearly as weak as many seem to think. According to the Internation ...More
EJ Insight2018-09-11
「全球氣候行動峰會」（Global Climate Action Summit）是全球最大的氣候問題應對峰會之 ...全文
今日信報EJ GlobalEJ GLOBAL plus 信觀點Anne Hidalgo Patricia Espinosa2018年09月08日
Joseph Stiglitz, Roger Farmer, and I are now and have long been in agreement on what are probably the most important points. The “New Keynesian” paradigm that sees business cycles as arising from temp ...More
EJ Insight2018-09-07
As Venezuela’s great experiment with “Bolivarian” socialism implodes, it is creating a humanitarian and refugee crisis comparable to Europe in 2015. Traveling by bus, boat, and even on foot through tr ...More
EJ Insight2018-09-06
The public spat between Nobel laureate Joseph Stiglitz and former US Treasury Secretary Larry Summers is remarkable for the personal animosity that it reveals between two economists who essentially ...More
EJ Insight2018-09-05
So far this year, the world has marked the 50th anniversary of the Prague Spring (and its suppression), the centennial of the end of World War I, and the bicentennial of Karl Marx’s birth. Against t ...More
EJ Insight2018-09-05
Joseph Stiglitz recently dismissed the relevance of secular stagnation to the American economy, and in the process attacked (without naming me) my work in the administrations of Presidents Bill Clin ...More
EJ Insight2018-09-04
European security currently rests essentially on the NATO alliance and the principle of mutual defense, and on cooperation between national intelligence services working to prevent violence against pe ...More
EJ Insight2018-09-04
The world has a demand problem, and it is dealing with it all wrong. Rather than allowing itself to be harmed by other countries’ problematic policies, China must work to create its own demand by maki ...More
EJ Insight2018-08-29
In the aftermath of the 2008 financial crisis, some economists argued that the United States, and perhaps the global economy, was suffering from "secular stagnation,” an idea first conceived in the af ...More
EJ Insight2018-08-29
Next month, the Global Climate Action Summit – one of the largest international gatherings on climate change the world has seen – will be held in San Francisco. The event, whose theme is “Take Ambitio ...More
EJ Insight2018-08-29
The United States economy is doing well. But the next recession – and there is always another recession – could be very bad. The US Bureau of Economic Analysis estimates that GDP growth in the second ...More
EJ Insight2018-08-28
Having gained more than 8 percent in value since the start of the year, the US dollar is nearing highs not seen in more than a decade, and market indicators point to even more appreciation in the comi ...More
EJ Insight2018-08-23
The Kremlin’s foreign policy increasingly seems to rest on the assumption that all countries are as corruptible as Vladimir Putin’s Russia. This was evident most recently in Russia’s alleged efforts t ...More
EJ Insight2018-08-21
Turkey's falling currency and deteriorating financial conditions lend credence, at least for some people, to the notion that "a crisis is a terrible thing to waste.” I suspect that many Western policy ...More
EJ Insight2018-08-15
The European Union’s regulatory bodies seem to be particularly hostile to Google. In June 2017, the European Commission fined the company 2.42 billion euro (US$2.75 billion) for breaching EU antitrust ...More
EJ Insight2018-08-14
