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Neil Irwin

For Neil Irwin's latest contributions to The Japan Times, see below:

How we scored on calling 2013

Jan 4, 2014

How we scored on calling 2013

A year ago, we brought you an analysis of the forces that appeared likely to shape the U.S. economy, for better and worse, in 2013. So, what did we get right and what did we get wrong? And of the things we posed as ...

How the Federal Reserve was created

Dec 23, 2013

How the Federal Reserve was created

A century ago this week, Congress passed the Federal Reserve Act, creating a central bank for a nation that was only beginning its economic ascendance. This is the story of how it came to be, from a nearly catastrophic financial panic to secret meetings ...

Yellen aims to take over Herculean effort at Fed

Oct 10, 2013

Yellen aims to take over Herculean effort at Fed

President Barack Obama formally nominated Janet Yellen as the 15th chair of the Federal Reserve on Wednesday, ensuring that the powerful U.S. central bank will be led for the next four years by someone who shares the basic philosophy of the current chairman, Ben ...

Time of reckoning approaching, Legarde warns

Aug 25, 2013

Time of reckoning approaching, Legarde warns

The world’s central banks have spent the past several years propping up the global economy and rescuing the world from crisis. Now, argues the head of the International Monetary Fund, it is time to grapple with the consequences. The Federal Reserve, European Central Bank, ...

King's legacy at BOE: a broken economy

| Jun 8, 2013

King's legacy at BOE: a broken economy

It is the end of an era on Threadneedle Street, the narrow street in the City of London from which the Bank of England has for centuries lorded over the British economy. When the bank’s Monetary Policy Committee announced no change to its policies ...

Technology already on table will drive economic future

Jun 3, 2013

Technology already on table will drive economic future

Most of the writing you see about the economy speaks to narrow questions: What will growth be this year? When will the unemployment rate get back to normal? And so on. But the things that will determine standards of living a generation from now ...

May 22, 2013

Yahoo's Tumblr deal carries risks, rewards

Yahoo has concluded that Tumblr, the social blogging service, is worth a whopping $1.1 billion. Will the bet prove a good one? The answer depends on whether the combined company can turn its many millions of users into a interlocking set of services that ...

May 18, 2013

Before tea party scandal, IRS harassed gay groups

Before there was the tea party, there was Big Mama Rag, Inc. It was a radical feminist collective in the 1970s, and it devoted itself to lectures, seminars, a free library and a newspaper, the Big Mama Rag. The group applied for nonprofit status ...