Blogs&Reviews

Creating zombies and disinflation: A cul de sac for accommodative monetary policy
Viral Acharya, 11 November 2019

Viral Acharya describes how ultra-accommodative monetary policy might have worked against its own objectives of restoring inflation and growth.
The October truce on US-China trade failed to address subsidies
Chad Bown, Jennifer Hillman, 04 November 2019

Chad Bown and Jennifer Hillman argue that reversing the Trump administration’s go-it-alone, tariffs-only strategy and adopting a new approach on subsidies is the only way to resolve the trade conflict with China.
Sense and nonsense in the public discussion of the future of work
Richard Baldwin, 01 November 2019

Richard Baldwin discusses how globalisation and automation are about to get personal for hundreds of millions of North Americans and Europeans who don’t work in factories
Why the CPTPP could be the answer to the US-China trade war
Peter Petri, Michael Plummer, 30 October 2019

China’s joining the CPTPP could ease tensions with the US, accelerate growth, diversify markets, and modernise the country. Peter Petri and Michael Plummer ask what’s not to like?

Other Recent Blogs&Reviews:

No ordinary woman

Diane Coyle, 09 April 2019

Diane Coyle reviews a biography of Edith Penrose written by her daughter-in-law, Angela Penrose.
Francis Fukuyama against mainstream economics

Branko Milanovic, 02 April 2019

Branko Milanovic highlights a number of views on economics from Francis Fukuyama’s "The origins of political order", many directly critical of some mainstream nostrums.
Crash-out would be worse than they think

David Warsh, 29 March 2019

David Warsh shares the thoughts of Peter Murrell, author of "The Nature of Socialist Economies: Lessons from Eastern European Foreign Trade", on how economists might look to the experience of Czechoslovakia when attempting to forecast the effects of Brexit.
Economists, utilitarians, and individuals

Diane Coyle, 26 March 2019

Diane Coyle reviews Elizabeth Anderson’s "Value in Ethics and Economics", which points out the limitations of the focus on individual choice with too little attention in economics to social influence.
Formal and actual similarities between climate change and global inequality, and suboptimality of the nation-state

Branko Milanovic, 20 March 2019

Branko Milanovic argues that in the case of both climate change and global inequailty, we are trying to devise ‘second-best’ solutions, mostly because of a political limitation called the nation-state.