Around the world, institutional investors – including pension funds, insurance companies, philanthropic endowments, and universities – are grappling with the question of whether to divest from oil, ga ...More
EJ Insight2015-02-02
The European Central Bank has finally launched a policy of quantitative easing (QE). The key question at this stage is whether Germany will give the ECB the freedom of maneuver needed to carry out thi ...More
EJ Insight2015-01-23
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
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
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
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
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
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
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
