From the Winter 2013 issue
Adam Posen Takes the Stage
Just back from his three-year stint on the Monetary Policy Committee of the Bank of England, the new president of the Peterson Institute for International Economics sat down with TIE founder and editor David Smick.
For good and bad the earthquake has occurred; the tsunami is underway.
The Man to See
An exclusive interview with Dan Tarullo, the Federal Reserve board member who is fast becoming Washington's bank regulatory czar.
A review of Jason Brennan's Libertarianism: What Everyone Needs to Know.
Can Changes in Exchange Rate Valuations Affect Trade Imbalances?
In his new book, The Unloved Dollar Standard: From Bretton Woods to the Rise of China, Stanford economist Ronald McKinnon argues that the “China bashers” have been captured by a false theory of the U.S. trade balance. A collection of noted experts tackles McKinnon’s thesis, including Diana Choyleva, Jeffrey A. Frankel, James E. Glassman, Joseph E. Gagnon, Catherine L. Mann, Paul Craig Roberts, Jeffrey R. Shafer, Michael J. Boskin, Bernard Connolly, Martin Neil Baily, Greg Mastel, Heiner Flassbeck, Richard C. Koo, Clayton Yeutter, Richard D. Erb, and Steve H. Hanke.
Why the Abe economy will fail.
Compared to the eurozone, Britain, and Japan, the United States shines.
How the renminbi is replacing the greenback as the dominant trade settlement currency in Asia.
The Story of a Disillusion
A review of Ronald McKinnon’s new book, The Unloved Dollar Standard.
Drinking From the Poisoned Well
The troubling history of Sino-Japanese tension.
Banking Union, Properly Structured
The concurrence of crisis management and regulatory policy.
Two Cheers for Christine Lagarde
Bringing an era of IMF bumbling to an end.
The March of Folly Continues
The ill-conceived plans for European banking supervision.
The Case for Inclusive Capitalism
It is time for America’s business leadership to more fully engage.
It is time for a revitalized economic statecraft.
In the push for a U.S.-China investment treaty, policymakers would do well to consider the litigation concerns.
So God made a banker, why Washington's power will increase, and the unlikely rise of Jeroen Dijsselbloem.