• A hymn to expertise

    Diane Coyle, 18 October 2018

    In this post, Diane Coyle reviews "The Fifth Risk", Michael Lewis's depiction of the chaos the Trump ‘administration’ is bringing to government as it expropriates whatever it can for personal financial benefit.

  • Trade deals typically aim to boost commerce among countries. In this post, Chad Bown offers four novel, trade-restricting elements that make the new US-Mexico-Canada Agreement (USMCA) different.

  • Making economic miracles

    Diane Coyle, 16 October 2018

    In this post, Diane Coyle reviews Michael Best's latest book, How Growth Really Happens, which argues that policies to foster growth should aim at ensuring businesses can access or develop three capabilities - skills, a production system and a business model - rather than taxes and subsidies.

  • Educated voters in France, the UK, and the US tended to vote right after WWII, but are now more likely to vote left. In this post, Simon Wren-Lewis discusses possible factors behind this shift and implications. 

Other Recent Blogs&Reviews:

  • Christopher Knittel, 11 October 2018

    Recently, both Presidents Trump and Obama have publicly taken credit for the strong US economy. In this post, Christopher Knittel turns to data to evaluate their claims.

  • Yakov Amihud, Alex Cukierman, 09 October 2018

    In this post, Yakov Amihud and Alex Cukierman discuss potential risks to the functioning of monetary policy instruments if government-produced fiat money is completely replaced by private money.

  • Menzie Chinn, 08 October 2018

    In this post, Menzie Chinn compares US tariff levels with those of other countries, and discusses how rejigging the global value chains tat have built up over decades to accommodate tariffs of indefinite duration is sure to be disruptive, and possibly inflationary.

  • David Levine, Salvatore Modica, 02 October 2018

    It is widely believed that major powers should intervene in conflicts for humanitarian reasons.  In this post, David K. Levine and Salvatore Modica argue that if humanitarian concerns are truly predominant, the only kind of military intervention that can be justified is either weak or strong. The kind of medium intervention we see in Syria and Yemen – to prolong a war probably for decades – is difficult to justify on those grounds.

  • Jorge Arbache, 28 September 2018

    The digital age is transforming everything, and at a relatively low cost. In this post, Jorge Arbache discussed the relationship between the digital economy and economic development and explore the benefits and challenges for emerging economies.


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