- Europe's Naked Banks
The latest developments in the Greek crisis show that it's European banks' lack of capital that threatens to derail European and global growth.
- Chinese Finance Comes of Age
The authorities in Beijing, especially the CBRC and the People's Bank of China, have a good record of managing incipient booms and busts, and I would not bet against their success this time.
- Why Free Trade Matters
The link between trade openness and economic prosperity is strong and suggestive.
- China can Rein in Inflation, Says Premier
Chinese Premier Wen Jiabao today gives “an emphatic yes” answer to the question whether China can rein in inflation and sustain its growth, in an article written on the Financial Times.
- The Great Organ Bazaar
The biological imperatives that guide the priority system of transplant waiting lists are easily transformed into economic values.
- Common Sense on Capital Controls
This suggests that capital controls and prudential policies can complement each other, contrary to what conventional wisdom often assumes.
- Free Speech under Siege
You know that a doctrine is in trouble when not even those claiming to defend it understand what it means.