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The magazine of international economic policy.

FEATURED IN THE LATEST ISSUE

Does the Conventional Wisdom About Productivity Need to Be Reconsidered?

Conventional wisdom holds that U.S. productivity growth, the weakest it has been in more than a quarter-century, is the reason for today’s subpar GDP growth and low wages. But is the conventional wisdom correct?

Featuring commentary from Marco Annunziata, Martin Neil Baily, Jared Bernstein, Michael J. Boskin, Richard N. Cooper, Marek Dabrowski, Everett M. Ehrlich, Barry Eichengreen, Mohamed A. El-Erian, Martin Feldstein, Jeffrey A. Frankel, Jason Furman, James K. Galbraith, Robert J. Gordon, Richard C. Koo, Michael Lind, Robert E. Litan, Edward N. Luttwak, Michael Mandel, Catherine L. Mann, J.W. Mason, Jim O’Neill, Rudolph G. Penner, Roger B. Porter, and Bret Swanson.

A symposium of views

Surviving Big Oil’s Collapse

How to avoid global economic Armageddon as a result of fossil fuel’s demise.

By Philip K. Verleger, Jr.

Today’s Global Rubik’s Cube of Frustration

TIE Founder and Editor David Smick sits down with Mohamed El-Erian, chief economic advisor for Allianz and author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.

The World’s Scariest Emerging Market

Welcome to America.

By Desmond Lachman

Phillips Curve, R.I.P.

A top Reagan economist paints a damaging picture of an economic tradeoff that continues to confound.

By Paul Craig Roberts

The Case for European Banks

TIE Founder and Editor David Smick interviews Danièle Nouy, the chief supervisor responsible for supervising the 120 largest banking groups in the euro area.

Macron’s Visions Confront Merkel’s Reality

The recent German election results may be more disruptive than Trump and Brexit put together.

By Klaus C. Engelen

No Deal

It’s in the world’s interest for Brexit to be successful.

By Bernard Connolly

The Schäuble Legacy Politics über alles.

By Hans-Joachim Dübel

Earthquake Coming

Sooner or later, how the Chinese renminbi is going to shake up the global financial system.

By Chi Lo

The Cunning of a Currency Trader

And the talent of Laurence Olivier.

By David M. Smick

Off the News

A Missed Opportunity, China and the Minsky Moment, Seven New Myths of the Twenty-First Century