Commentary / World May 12, 2020
by David Howell
The current rescue through cascades of public spending may look like Keynesianism, but in fact it is little more than practical common sense in an utterly changed social and economic order.
Commentary / World Apr 26, 2020
What if you go back to the office and get COVID-19?
by Tyler Cowen
Any plan for reopening in the U.S. is going to have to resolve some sticky liability issues.
Commentary / World Apr 22, 2020
Debunking the myth of ‘helicopter money’
by Yeva Nersisyan and L. Randall Wray
What does Modern Monetary Theory actually say about financing government borrowing and spending?
Commentary / World Apr 15, 2020
Reopening is more about ethics than science
by Faye Flam
But scientists can give us the information we need to make an informed decision.
Business / Economy Mar 28, 2020
Fed brings the global financial system back from the abyss
by Molly Smith, Alexandra Harris and Matthew Boesler
Sitting calmly in front of a bookshelf filled with thick volumes of the "Federal Reserve Bulletin," Jerome Powell this week set out to offer a simple explanation for the complicated steps the U.S. central bank is taking to relieve dire stresses in the global ...
Commentary / World Feb 24, 2020
Personal stress, not laziness, perpetuates the poverty rut
by Noah Smith
Many believe lifestyles are due to low effort, but economists are starting to accumulate evidence that the stress of living in poverty drives people to subpar decisions.
Commentary / Japan Jan 24, 2020
Take a fresh look at intangible assets
by Heizo Takenaka
A key challenge for the economy going forward is to how to invigorate Japanese firms' investments in intangible assets.
Commentary / Japan Jan 10, 2020
Were the 2010s a return to the 1930s?
by Yoichi Funabashi
The last decade saw the framework of the long postwar period start to crumble.
Commentary / Japan Jan 9, 2020
10 surprises for Japan in 2020
by Jesper Koll
Commentary / Japan Dec 27, 2019
Nurture Japan's strength to innovate
by Heizo Takenaka
Japan is lagging behind many other countries when it comes to innovation.
Business / Economy Nov 29, 2019
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the nation's policymakers to the test. Xi Jinping's government faces an increasingly difficult balancing act as it tries to support the world's second-largest ...
Business Nov 26, 2019
Specter of funding crunch looms over runs at China's small banks
by Cheng Leng and Ryan Woo
Bundles of yuan notes were stacked high behind the counters of branches of Yingkou Coastal Bank earlier this month, as the northeast China lender fought off a run on deposits while on-site government officials battled rumors of a funding crunch. Yingkou was the latest small ...