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The Anatomy of Global Economic Uncertainty – Mohamed A. El-Erian – Project...
Mohamed A. El-Erian, CEO of PIMCO, describes four key dynamics that will shape the future of the global economy: Many economies have built up excessive debt that is now causing market instability. They...
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Praise for good regulation – macrobusiness.com.au
[Economist Stephen King] is generally quick to remind us that regulation creates markets. Without property law and contract law, markets, as we know them, won’t be able function at all. The framework...
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EU Sets Out Proposal on Euro-Zone Bonds – WSJ.com
BRUSSELS—The European Commission proposed Wednesday significantly tighter controls over euro-zone members’ budgets, alongside options for a common euro-zone bond market. ….The commission said the...
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Europe’s Last Best Chance – Michael Boskin – Project Syndicate
Reforming social-welfare benefits is the only permanent solution to Europe’s crisis. One hopes that, with the help of national governments, the European Central Bank, the International Monetary Fund,...
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