From the Spring 2010 issue
Will it still be around five years from now? Five distinguished thinkers offer their views.
The single currency was bound to fail.
Kohl giveth, and Merkel taketh away.
And the collusion between Athens officials and EU interests.
How effectively have they dealt with the root causes of the Great Financial Crisis?
A return to the abyss.
Has the resurgence of Keynesianism already peaked?
The worry over global imbalances.
The case for modernizing multilateralism.
Forget inflation targeting. Tokyo instead needs to implement a one-two, monetary-fiscal punch.
But a bailout of whom?
Why U.S. Treasury bonds are so beloved.
A review of Andrew Ross Sorkin’s Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—And Themselves, and Robert Pozen’s Too Big to Save? How to Fix the U.S. Financial System.
As bad as America and the dollar look, large parts of the rest of the global economy look worse.