- A New Path to a Low-Carbon Economy
The time has come for the US, China, India, and other major economies to declare how they will foster their own transition to a low-carbon economy.
- The Humiliation of Britain
To borrow from your own people is especially non-humiliating when your economy is in depression, when the interest rates at which you can borrow are at near-record lows, and when every economic argument cries out for spending now and taxing later.
- Brady Bonds For the Eurozone
Rather than continuing to pile new debts onto bad debts, the EU stabilization fund could be used to collateralize such new par bonds.