The magazine of international economic policy.

FROM THE LATEST ISSUE 

Lessons from a Fed Insider

Post-pandemic global inflation, disinflation, and central bank policy responses.

By Richard H. Clarida

The Fed’s Independence Jewel Box

Former Federal Reserve Vice Chair Richard Clarida sat down with TIE founder, editor, and publisher David Smick to discuss the Federal Reserve and other global concerns.

Reflections of a Media Insider

What the Fed gets wrong … and right.

By Steve Liesman

Wake Up, Jay!

It’s your last chance to protect the Fed.

By Mohamed A. El-Erian

An Alternative Operating Model for the Fed

A new view of how money should work.

By Matt Sekerke and Steve H. Hanke

How to Really Reform the Fed

An irreverent take on the U.S. history of money.

By Christopher Whalen

A Remarkable Inflection Point

Harvard economist Ken Rogoff talks about his compelling new book on the dollar with TIE’s founder, editor, and publisher David Smick.

Would a Global Summit of Experts Make Sense?

The international system is fraying. Is there need for an unofficial “global summit” of experts to discuss with civility the future of the global monetary, regulatory, and trade systems?

Featuring commentary by Jacques de Larosière, Mohamed A. El-Erian, Jason Furman, Otmar Issing, David R. Malpass, Edwin M. Truman, and Makoto Utsumi.

A symposium of views

Stablecoin Wakeup Call

A new role for the Fed.

By David R. Malpass

Is Europe Playing With Fire?

Could European officials be considering an entirely new approach to debt management and liquidity? Germany has ended its debt brake. The European Commission is pushing for further issues of EU-Bonds. Are these wise moves or are European policymakers playing with fire?

Featuring commentary by Anders Åslund, Josef Braml, Lorenzo Codogno, Bernard Connolly, Mansoor Dailami, Andreas Dombret, Heiner Flassbeck, James E. Glassman, Brigitte Granville, Francis J. Kelly, Moritz Kraemer, Desmond Lachman, Thomas Mayer, Piroska Nagy Mohácsi, Ewald Nowotny, Philippe Riès, Holger Schmieding, Gunther Schnabl, Neil Shearing, Nicolas Véron, William R. White, Chen Zhao, and Klaus F. Zimmermann.

A symposium of views

The Franco-German Euro Drama

A new act is coming.

By Gunther Schnabl

How Europe Can Save Itself

The fate of the social market economy, if not democracy itself, is at stake.

By Stefan Schaible

The Frankenstein Economy

How America lost its balance—and how it might find it again. From the authors of the insightful new book Capital Evolution: The New American Economy.

By Seth Levine and Elizabeth MacBride

Off the News

Japan’s Little Abe, a “Greenspan 1987” scenario, French fiscal disaster, stablecoins and interest rates

From the Founder

Can capitalism be saved? It’s time to take on the “ruthless corporate elites.”

By David M. Smick

View from the Beltway

The Fed’s ugly struggle for independence—and the central bank’s legacy, warts and all.

By Owen Ullmann