Austerity Will Leave Us Crying ’96 Tears’

Austerity Will Leave Us Crying ’96 Tears’

Aging baby boomers may remember a 1960s rock band that sported an all-time great name. That band — Question Mark and the Mysterians — may now have a worthy rival on the name front. Make way for Reinhart-Rogoff and the Austerians. Harvard economists Carmen...
Open Letter: Urging Capital Controls in the Trans-Pacific Partnership

Open Letter: Urging Capital Controls in the Trans-Pacific Partnership

In advance of Trans-Pacific trade talks, over 100 economists are sending a letter today urging negotiators to promote global financial stability by allowing the use of capital controls. Signatories include prominent scholars from six of the nine countries currently...
Enough Free Trade Nonsense

Enough Free Trade Nonsense

Trade sets Wall Street’s Heart athrob; While it robs me Of my job. Does it matter that no cell phones are made in America? Or scarcely any solar panels? Or that 91 percent of Walmart’s goods come from China? Should we care that our sundry free trade...

Economists Unite Around Once-Demonized Capital Controls

Who says economic policy has to be polarizing? In a remarkable sign of consensus, more than 250 economists across the ideological spectrum have signed a letter to the Obama administration in support of capital controls. Until quite recently, this would have been...