More in Global Economy


2 days

How Binding Financial Agreements Can Help Protect Assets

Whether getting married or establishing a de facto relationship, it is always wise to protect your assets by creating a binding financial agreement.

7 days

Understanding the Mechanics of a Banking Crisis

A banking crisis can manifest in diverse ways and develop over time, ultimately spreading beyond borders. 

8 days

Some Economics of Pandemic Vaccination

The Oxford Review of Economic Policy has published a 10-paper symposium on the “Economics of Pandemic Vaccination.”

9 days

Budget 2023: Jeremy Hunt Announces Significant Reforms

According to the recently announced 2023 budget, the UK will not enter a technical recession this year, and inflation will fall to 2.9% by the end of the year.

11 days

Lessons from James Tobin: The Virtues of Strategic Sloppiness

For those who do not follow the ins and outs of academic macroeconomics, it is perhaps useful to say that there has been an ongoing struggle in recent decades between what is sometimes called freshwater and saltwater economics.

17 days

Whither Quantitative Tightening?

Starting in the Great Recession of 2007-9, the Federal Reserves started a policy of “quantitative easing,” in which the Fed held substantial quantities of financial assets like US Treasury bonds and federally guaranteed mortgage-based debt. The problem at the time was that the Fed had reduced its policy interest rate to near-zero. The idea was that if the Fed held such assets, then interest rates could be somewhat lower, compared to a situation where these assets were being sold in financial markets.

17 days

Telemedicine: Lessons from Ukraine for the United States

The COVID-19 pandemic brought a surge of telemedicine, especially when public and private health insurers became willing to reimburse for it.

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