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Covering the Global Economy, International Affairs, and Public Policy
All the News That's Fit to Link.
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Harsher times for Chile
Dec 03, 2008 - The Economist: News analysis
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Inside the world's most annoying economic crisis.
Dec 03, 2008 - Slate Magazine
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Chinese wealth fund CIC turns back on western banks
Dec 03, 2008 - World news | guardian.co.uk
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Large cut in Thai interest rates
Dec 03, 2008 - BBC News | Business | World Edition
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Fighting Recession: Despite Denials, Berlin Mulling Further Stimulus Measures
Dec 03, 2008 - SPIEGEL ONLINE - International
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Sharp Slowdown in Services Sector in November
Dec 03, 2008 - NYT > Economy
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FROM THE BLOG : Missing crisis point
Dec 03, 2008 - Asia Times Online
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G-20 hot on hocum
Dec 03, 2008 - Asia Times Online
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Treasury Rebuffs Watchdog’s Request for More Oversight of Bailout
Dec 03, 2008 - ProPublica: Articles and Investigations
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Once More into the Breach for Paulson?
Dec 03, 2008 - ProPublica: Articles and Investigations
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Rouble joins Russia's pointers to decline
Dec 03, 2008 - Asia Times Online
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Second round of capital injections expected
Dec 03, 2008 - NRC Handelsblad | International
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Ins and outs of a China courtship
Dec 03, 2008 - Asia Times Online
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The Continuing Crisis in Thailand
Dec 03, 2008 - AsiaSentinel
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Opinion: India's Moment of Truth
Dec 03, 2008 - SPIEGEL ONLINE - International
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ENGAGING CHINA IN SPACE, Part 2 : US firms tired of being shut out
Dec 03, 2008 - Asia Times Online
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SPEAKING FREELY : Obama needs new start with China
Dec 03, 2008 - Asia Times Online
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Would Ukraine and Georgia be valuable members of Nato?
Dec 03, 2008 - NRC Handelsblad | International
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What Stands In The Way Of India's Being A Modernized Nation?
Dec 03, 2008 - The New Republic TOC
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Nato snubs US by resuming Russia contacts
Dec 03, 2008 - World news | guardian.co.uk
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Military chief urges Afghanistan rethink
Dec 03, 2008 - World news | guardian.co.uk
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Seven Questions: James R. Locher III
Dec 03, 2008 - Foreign Policy
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WSJ Watchdogs Sketchy Conseco Insurance Move
Dec 03, 2008 - CJR
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U.S. Steel to idle 3 U.S. plants
Dec 03, 2008 - The Globe and Mail - Report on Business News
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Infineon posts another large loss
Dec 03, 2008 - BBC News | Business | World Edition
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German car downturn 'worst ever'
Dec 03, 2008 - BBC News | Business | World Edition
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Anatomy of a Downturn
Dec 03, 2008 - The Big Money
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French Bid Disrupts Buffett Offer for U.S. Utility
Dec 03, 2008 - NYT > World Business
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GM and Chrysler could run out of money by the end of the year without government help.
Dec 03, 2008 - Slate Magazine
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Even in Michigan, Not Everyone Wants a Lifeline
Dec 03, 2008 - NYT > Economy
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U.S. Steel to Lay Off 13% of Work Force
Dec 03, 2008 - WSJ.com: US Business
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Crossrail delay?
Dec 03, 2008 - BBC News | Business | World Edition
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Small Is Beautiful
Dec 03, 2008 - The Levy Economic Institute of Bard College News Wire
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30/11/2008 Working paper no. 970 Responses to monetary policy shocks in the east and the west of Europe: a comparison ,
Dec 03, 2008 - ECB - European Central Bank
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02/12/2008 Working paper no. 973 Do China and oil exporters influence major currency configurations? ,
Dec 03, 2008 - ECB - European Central Bank
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The Structure of Protection and Growth in the Late 19th Century -- by Sibylle H. Lehmann, Kevin H. O'Rourke
Dec 03, 2008 - National Bureau of Economic Research Working Papers
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IFDP956: A Non-Random Walk Revisited: Short- and Long-Term Memory in Asset Prices
Dec 02, 2008 - FRB Working Papers
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01Dec/FRBNY Commodity Price Movements and PCE Inflation
Dec 02, 2008 - Central Bank Research Hub
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01Dec/USSTL Inventories, Liquidity, and the Macroeconomy
Dec 02, 2008 - Central Bank Research Hub
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02Dec/USCHI Revenue Bubbles and Structural Deficits: What's a state to do?
Dec 02, 2008 - Central Bank Research Hub
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02Dec/USCHI The role of lenders in the home price boom
Dec 02, 2008 - Central Bank Research Hub
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02Dec/USCHI Public Investment and Budget Rules for State vs. Local Governments
Dec 02, 2008 - Central Bank Research Hub
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Hillary Clinton: The new survivor
Dec 03, 2008 - Politico Top Stories
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Baucus Watch, Part III
Dec 03, 2008 - CJR
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Saxby Chambliss wins Georgia runoff
Dec 03, 2008 - Politico Top Stories
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Why Susan Rice Won't Be Calling John Bolton For Advice Any Time Soon
Dec 03, 2008 - The New Republic TOC
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Gates Vows Active Role in Staying On at Pentagon
Dec 03, 2008 - NYT > World
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AG Nominee Faces Questions Over Pardon of Fugitive
Dec 03, 2008 - ProPublica: Articles and Investigations
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Midnight Regs Update: Pollution in National Parks And More!
Dec 03, 2008 - ProPublica: Articles and Investigations
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Midnight Reg Watch: More Conflicts for Investment Advisers
Dec 03, 2008 - ProPublica: Articles and Investigations
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FDR's bold brain trust versus Obama's timid wonks
Dec 03, 2008 - Salon: Opinion
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Obama Asks Governors for Input
Dec 02, 2008 - WSJ.com: Economy
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Labor market worsens
Dec 03, 2008 - International Herald Tribune - IHT.com - Video
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The Importance of Spending
Dec 03, 2008 - The National RSS Feed
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Subprime Crisis Was Caused by a Game of 'Telephone'
Dec 03, 2008 - FORA.tv - Program Feed
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Martin Wolf Explains the Problems with Securitization
Dec 03, 2008 - FORA.tv - Program Feed
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In Iceland: Dinner Over a Crisis
Dec 03, 2008 - WSJ.com Video - Business
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A conversation with Vikram Pandit, CEO of Citigroup
Dec 03, 2008 - Charlie Rose - Recent Content
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A conversation with Michael Kinsley
Dec 03, 2008 - Charlie Rose - Recent Content
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Paulson calls for China reforms
Dec 03, 2008 - International Herald Tribune - IHT.com - Video
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GM Seeks $18B in Federal Aid
Dec 03, 2008 - International Herald Tribune - IHT.com - Video
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Chinese spending
Dec 03, 2008 - International Herald Tribune - IHT.com - Video
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A few more notes on the did-FDR-prolong-the-Depression front:
1. Gauti Eggertsson has an interesting paper arguing that NIRA policies, by reducing the expected rate of deflation, were actually expansionary.
2. There have been a lot of responses to my demonstration that the usual argument about the contractionary effects of wage increases doesn't apply in a liquidity trap. [...]
Can we print our way to recovery? KENNETH ROGOFF suggests we rev up the printing presses:It is time for the world's major central banks to acknowledge that a sudden burst of moderate inflation would be extremely helpful in unwinding today's epic debt morass. Yes, inflation is an unfair way of effectively writing down all non-indexed debts in the economy. Price inflation forces creditors to accept repayment in debased currency. Yes, in principle, there should be a way to fix the ills of the financial system without resorting to inflation. Unfortunately, the closer one examines the alternatives, including capital injections for [...]
Jamie Galbraith responds to the question posed by the National Journal, "Is the deficit a threat to future recovery?" James K. Galbraith, National Journal: No. The question is grossly misconceived. Right now and for the immediate future, the budget deficit...
Robert Reich: Of Financial Capital and Human Capital: Why We're Bailing Out Wall Street While Allowing Our Schools to Get Clobbered, by Robert Reich: Our preoccupation with the immediate crisis of financial capital is causing us to overlook the bigger...
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