Germans cannot agree to unlimited bailouts of euro members. On the other hand, if they had insisted on the founding principles (fiscal…
Many claim that China will soon overtake the US. I argue that this claim is based on a misuse of statistics. The International Comparison…
As the Federal Reserve moves closer to initiating one of the most long-awaited and widely predicted periods of rising short-term interest…
America’s two political parties rarely agree, but one thing that unites them is their anger about ‘currency manipulation’, especially by…
Some questions can only be answered by examining the broad sweep of history. Over the past 150 years, "world" real interest rates have…
Consumer bankruptcy is one of the largest social insurance programs in the United States, but little is known about its impact on debtors.…
On February 18-20, 2015, twenty-four experts gathered in Berlin to explore approaches to improving the process by which research on climate…
This paper explores the menu of options for renormalizing public debt levels relative to nominal activity in the long run, should…
Carbon sequestration—the process of moderating global climate change by removing carbon dioxide from the atmosphere and storing it in long-…