Category Archives: Globalization
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
Why the Value of Your House Moved Global Markets This…
This week’s housing news was a primer on globalization. U.S. existing home sales fell 27 percent in July, twice as…Continue reading
How to Remain the Number One Economy as China Ascends…
The news that China’s GDP will surpass Japan’s this year, making China the world’s number two economy, raises important issues…Continue reading
Memo to the President and other World Leaders: Resist a…
A dangerous and infectious economic idea is spreading around the world. Last week, the liberal majority in the House of…Continue reading
Some Hard Truths about Globalization and Jobs
I find myself in Stockholm, an old capital city of a small economy animated by the drive of ingenious entrepreneurs…Continue reading
The Economics of Immigration Aren’t What You Think
Waves of new immigrants often spark economic anxiety and cultural discomfort, as well as occasional violence and wide-net crackdowns, on…Continue reading
Deciphering the Crisis in Greece and Its Significance for America
With the world’s stock and bond markets thoroughly roiled by Greece’s sovereign debt problems, it’s only natural to ask the…Continue reading
A New Progressive Economic Strategy, Part 4: The Global Economy
In a global economy, even the world’s largest economy by a factor of three (that’s us, compared to Japan and…Continue reading
A New Progressive Economic Strategy, Part 2: Spending Reforms
You don’t have to be a Nobel economist to see that the United States needs a serious, new economic approach…Continue reading