Global Economics

"On Secular Stagnation: A Response to Bernanke" Ben Bernanke inaugurated his blog with a set of thoughtful observations on the determinants of real interest rates and the secular stagnation hypothesis that I have invoked in an effort to understand recent macroeconomic developments. I agree with much of what Ben writes. His challenges to the secular stagnation hypothesis have helped me clarify my thinking and provide an opportunity to address a number of points where I think there has been some confusion in the public debate., April 1, 2015

"Thought Economics: Modern Capitalism" March 20, 2015

"A deal worth getting right" March 9, 2015

"Robots are hurting middle class workers" March 3, 2015

"Asiaphoria Meets Regression to the Mean" March 3, 2015

"USA Today: Summers on Global Threats" February 17, 2015

"Why now is not the time to raise rates" February 12, 2015

"What Business Can Do to Save the Middle Class" February 9, 2015

"Global economy, oil prices and innovation" January 30, 2015

"Growing concerns about the sense of stagnation" January 29, 2015

"At Davos: Challenges before the ECB" January 21, 2015

"FT Video: Make the middle class a priority" January 20, 2015

"London School of Economics podcast" January 20, 2015

"Focus on growth for the middle class" January 18, 2015

"NYTimes: Trying to solve the great wage slowdown" January 15, 2015

"Response to Marc Andreessen on Secular Stagnation" January 12, 2015

"U.S. economy is not growing fast enough" January 9, 2015

"Let this be the year when we put a proper price on carbon" January 5, 2015

"Asiaphoria Meets Regression to the Mean" January 3, 2015

"Why Larry Summers sees danger ahead for the economy" November 20, 2014