From the Spring 2014 issue
Mario the Magician
He will either succeed or fail spectacularly.
Does Innovation Lead to Prosperity for All?
The word “innovation” has become the new mythical silver bullet to fix the world economy. But will innovative breakthroughs raise real income for average working families?
Featuring commentary by noted experts Robert D. Atkinson, Martin Neil Baily, Dean Baker, Lisa Cook, Everett M. Ehrlich, Barry Eichengreen, Jeffrey Faux, Benjamin M. Friedman, James K. Galbraith, Hanns Kuttner, Michael Lind, John H. Makin, Catherine L. Mann, Joel Mokyr, James Pethokoukis, Walter Valdivia, Stan Veuger, and Charles Wolf.
American entrepreneurs are on a roll. America’s future could not be brighter.
The Rise of Innovation Mercantilism
And the threat to the global economy.
The FSB’s “Shadow Banking” Confusion
The G-20’s true intentions are anyone’s guess.
There’s no need to rush to "normalize" U.S. monetary policy.
The trials and tribulations of European banks.
Until the world economy improves, China has no easy way out.
At the heart of the fight is the diminishing marginal efficiency of monetary stimulus.
Is a South Asian miracle just over the horizon?
Italy will include prostitution and illegal drug sales, capital flows still matter, and Texas taxes.
Stefan Schönberg asks whether the euro has met its promises. Ron McKinnon tells how Stephen Ceccetti gets it right. And AEI’s Derek Scissors takes issue with Greg Mastel’s views on currency and trade and Chi Lo’s outlook on the prospects for Chinese economic reform in TIE’s last issue. Mastel and Lo respond.