Shelter from the Storm in 2019
Good outcomes on five fronts--US economic growth, European unity, US-China trade, the Chinese economy, and Robert Mueller's investigation of the President--would help ensure a placid year.
The Lessons of Black Monday
When interpreting the recent market lurch, many will think back to 2008. But a better historical precedent for current conditions is Black Monday: October 19, 1987, writes our guest...
Ready or Not for the Next Recession?
'Expansions don’t last forever. A storm will surely come, and when it does, we will be poorly prepared for the deluge," writes the author and macroeconomist at the University...
Confronting the Fiscal Bogeyman
'The solution... is to fix the problem of deficient demand not by attempting to further loosen monetary conditions, but by boosting public spending,' says our guest columnist, an economist...
Losing Interest
"Central banks should set a higher inflation target, which would give them more room to cut nominal interest rates in response to a future slowdown," writes economist Barry Eichengreen,...
The Dollar and the Damage Done
The Fed should adjust its rhetoric and, if necessary, its policies to reflect the fact that its actions disproportionately affect other countries, with repercussions on the US economy, writes...
