Blogs&Reviews

  • Eduardo Levy Yeyati argues that a countercyclical liquidity fund could complete the financial architecture not only by providing much needed lending of last resort during systemic crises, but also as a way to attract less unstable private capital to emerging economies.

  • Landmark court decision limits presidential trade restrictions

    Steve Charnovitz, Gary Hufbauer, 28 July 2020

    The U.S. Court of International Trade’s landmark decision voiding President Trump's tariffs on steel from Turkey opens the door to future challenges of US trade actions based on equal protection grounds

  • A Hamiltonian glimpse in Europe

    Thorsten Beck, 27 July 2020

    Thorsten Beck believes that while the compromise reached on the European recovery support will not be enough to overcome the COVID-19 challenges in the EU, it is an important first step.

  • Joshua Meltzer argues that the Trump administration has failed to provide a coherent vision for maintaining and expanding US competitiveness in the 21st century, including through its trade policy.

Other Recent Blogs&Reviews:

  • Simon Wren-Lewis, 28 May 2018

    Voters for 'Leave' wanted a Brexit that delivered more money for public services, but that cannot be realised under any of the four possible Brexit scenarios on the table. Economics matters to voters, more so than issues of sovereignty or immigration, and this post argues that Leave voters were misled with mythical economic gains.

  • Jon Danielsson, 20 May 2018

    Two widely used indicators of financial risk, the VIX index and the ECB’s CISS, are at a historical low. As this post explains, however, provided we only worry about the immediate future, and then only care to measure the easily visible, our favourite risk indicators will tell us everything is fine even if the longer-term political uncertainty appears high.

  • Jeffrey Frankel, 19 May 2018

    President Trump and China are exchanging threats of raising tariffs which, if implemented, would signal the start of a trade war. There are some who defend Trump’s actions as bargaining tactics, but in this post I lay out seven reasons why China is unlikely to back down in this case, and why the US will not win this war.

  • Roger Farmer, 14 May 2018

    Recently, Howard Reed wrote a controversial piece for Prospect. This blog pushes back on Reed’s notions of tearing down classical economics.  Be committed and passionate, but understand the giants of the past.

  • Simon Wren-Lewis, 12 May 2018

    When people talk about ‘the Establishment’, they often imagine a socially coherent body managing the country for the collective interest. This blog reviews Aeron Davis’ book, "Reckless Opportunists: Elites at the End of the Establishment", in which the author argues that we may now be seeing the end of such an Establishment.

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