Category Archives: Finance
Why We Need the Hackers behind the Panama Papers
The outrage heard around the world on the release of the Panama Papers brings to mind Claude Rains’s turn as…Continue reading
Are Financial Crises the New Normal?
The policy-making committee of the Federal Reserve Board meets again tomorrow, and the news won't be encouraging. The one-percent decline…Continue reading
Why Corporate Tax Reform Is So Desirable–and So Hard to…
In a political environment most notable today for its partisan trench warfare, serious conversations across party lines are nonetheless taking…Continue reading
As the Economy Improves, Give Some Credit to Globalization
The economic news and data have turned distinctly upbeat. With unemployment down, consumer confidence up, and personal debt back to…Continue reading
Is This the Final Countdown to a Global Financial Calamity?
Ground zero of the European sovereign crisis has moved from Greece to Italy, and that’s very bad news for Europe,…Continue reading
The Cost of Playing Games with the Full Faith and…
I spent last week in Rio attending a meeting of the IMF’s advisory board for the Western Hemisphere — and…Continue reading
Why Big Banks Want Americans to Pay More for Everything
Once again, the nation’s big banks are working hard to have their own way with some of the most consequential…Continue reading
The Quiet Role of Class in the Coming Budget Battle
The political struggle over how the federal budget will shape American government is now in full swing and likely to…Continue reading
The Troubling View from the IMF Meetings
The International Monetary Fund held its annual Washington meeting last weekend, so I spent a balmy Sunday discussing the potential…Continue reading
Why We Learned So Little from the Collapse of Lehman…
On the second anniversary this week of Lehman Brothers’ spectacular collapse, it’s instructive — okay, frustrating and dispiriting — to see…Continue reading