• 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. 

  • Two presidents, one economy

    Christopher Knittel, 10 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.

  • 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.

  • 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.

Other Recent Blogs&Reviews:

  • Thorsten Beck, 24 September 2018

    The ten years since the Global Crisis erupted have seen lots of progress in regulatory reforms. In this post, Thorsten Beck argues that what is missing is a more fundamental rethink, at least among policymakers, of the role of the financial sector, especially in high-income countries.

  • Richard Baldwin, 21 September 2018

    Machine learning represents a radical change in the way computers “think”.  In this post, RIchard Baldwin discusses how machine translation – machine learning applied to language – will change the way the modern world works.

  • Simon Wren-Lewis, 17 September 2018

    On 16 September 1992, the UK government had to withdraw the pound sterling from the European Exchange Rate Mechanism. In this post, Simon Wren-Lewis asks if can we draw any parallels between Black Wednesday and the Global Crisis, or more generally whether there is anything that links disasters of this kind.

  • Claude Barfield, 14 September 2018

    Asian trade and investment liberalisation and regional integration are increasingly where the action is for global economic advances. In this post, Claude Barfield three moving targets: the completion and expansion of the Comprehensive Trans-Pacific Partnership agreement; the determination by member states to complete negotiations for the Regional Comprehensive Economic Partnership agreement; and the rise of new, advanced bilateral trade agreements, particularly between Asian and non-Asian economies. 

  • Jeffrey Frankel, 04 September 2018

    If the current American expansion continues for another year, it will equal the record 10-year expansion in the 1990s. In this post, Jeffrey Frankel points out that sooner or later there will be a new recession, and when it does come it could be more severe than the typical downturn.


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