From the Winter 2022 issue:
Should the Nobel Prize in Economic Sciences Be Put on Hold?
Do economists need more “humility”? Should that include putting the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel on hold until the profession establishes a more credible track record?
Featuring commentary by Anders Åslund, Martin Neil Baily, Jagdish Bhagwati, Stephen G. Cecchetti, Bernard Connolly, W. Bowman Cutter, Jeffrey A. Frankel, James K. Galbraith, Brigitte Granville, Gary Clyde Hufbauer, Otmar Issing, Thomas Mayer, Jim O’Neill, and Kermit L. Schoenholtz.
The Complexity of the Supply Chain
We need a new approach to assess supply chain resilience.
And the illusion of the Federal Reserve’s power to forever control rates.
To what extent is today’s massive global ocean of liquidity breaking all the rules in U.S. financial markets?
Featuring commentary by Jacques De Larosière, Robert Dugger, Mohamed A. El-Erian , Takeshi Fujimaki, Joseph E. Gagnon, James E. Glassman, Gary Clyde Hufbauer, Richard Jerram, Steven B. Kamin, Desmond Lachman, Robert E. Litan, Michael Mandel, J. W. Mason, Jim O’Neill, Adam S. Posen, Holger Schmieding, Gunther Schnabl, Mark Sobel , Marc Sumerlin, Jean-Claude Trichet, Edwin M. Truman, Christopher Whalen, William R. White, and Chen Zhao.
The Illusion of European Political Union
French President Macron’s slogan, “a sovereign France in a sovereign Europe,” is absurd.
We are heading toward the merger of energy and finance instead of the substitution of one energy for another.
Time to get serious about China.
The new Glenn Hubbard-Robert Reich tag team.
Worthwhile goals that don’t pan out.
Capitalism without competition is not capitalism.
Off the News
Ray Dalio on the rise and fall of empires, in defense of Larry Summers, and roadblocks on the way to the Chinese century.
Cryptocurrency’s future. The next big thing or a repeat of the Dutch tulip craze?
Cultural change at Bundesbank. The new Nagel era begins.