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March 30, 2009

International Organizations
The Group of 20

A profile of the Group of 20 major and emerging world economies.

January 13, 2015

Europe and Eurasia
Correcting Paul Krugman’s Austerity Chart for Monetary Effects Yields Very Different Results

In two recent blog posts (1/6 and 1/7), Paul Krugman highlighted a chart he made that, he says, illustrates clearly the failure of “austerity” around the world.  We reproduce it above on the left…

Correcting Paul Krugman’s Austerity Chart for Monetary Effects Yields Very Different Results

December 16, 2014

Monetary Policy
What Did the Greenspan Fed Do with Its “Considerable Time” Pledge in ’04?

The big question for the December 16-17 FOMC meeting is whether to drop the pledge to keep rates at near-zero for a “considerable time.” Prior to the last meeting in October, two-thirds of primary…

What Did the Greenspan Fed Do with Its “Considerable Time” Pledge in ’04?

May 20, 2010

China
Thinking Through Beijing’s Billions

Photo courtesy of REUTERS/Katrina Manson I have a new piece over at Foreign Policy about China’s money—or, more precisely, about how China’s foreign policy ambitions could change the way it deploys …

Thinking Through Beijing’s Billions

August 18, 2014

Monetary Policy
Bullard Has Fed History on His Side in Rate-Hike Debate with Yellen

St. Louis Fed President James Bullard has moved decisively and vocally from the dove to hawk camp over the past year, and is now predicting a rate hike in the first quarter of next year – in contr…

Bullard Has Fed History on His Side in Rate-Hike Debate with Yellen