From the Winter 2021 issue
How a World-Class Money Manager Sizes Up America’s Predicament
The United States is likely to end up the loser.
Is the World Undergoing a Fiscal/Debt Revolution?
The need for governments to go into debt to support the economy during the pandemic has a broad consensus of agreement. Some economists even argue that the world needs to keep expansionary fiscal policy at least for the next decade. Is the old orthodoxy on public debt and deficits no longer relevant? Is the global economics profession undergoing a revolution in thought? And will it—like many revolutions—end in tears?
Featuring commentary by Laurence M. Ball, Michael J. Boskin, William R. Cline, Tim Congdon, Barry Eichengreen, Milton Ezrati, Thomas Ferguson, Peter R. Fisher, Takeshi Fujimaki, Joseph E. Gagnon, James E. Glassman, Michael Hüther, Anne O. Krueger, Mickey D. Levy, Michael Mandel, J.W. Mason, Thomas Mayer, Alan Reynolds, Paul Ryan, Gunther Schnabl, Robert J. Shapiro, Allen Sinai, and Marc Sumerlin.
Why are the hawks so concerned?
The new monetary theorists are making a huge blunder.
The European Politics of Covid-19
Did markets or the state fail?
Joe Biden says “America is back.” But back to what? The tech world has changed dramatically since he was in office. Wake up, America!
Forget the protectionism versus free trade debate. The world is following China into a new era of the “power trade.” Washington, D.C., call your office!
Cooperation is not cowardice.
A failure to realize that this is not your father’s economy.
This Brexit enthusiast was one of the few to predict its passage. So now what?
Restoring one of the keystones of Western civilization.
Washington’s last honest policy power broker, vaccination’s winners and losers, Mario Draghi and the Atlantic Alliance.
The right woman for the U.S. Treasury.
Germany’s Wirecard scandal.