Page 5 - Barry Eichengreen News Today

KAUAI — Is the dollar poised to lose its dominance of global economic and financial transactions? Many commentators apparently think so.

The Nobel Committee’s announcement credits Goldin, an economic historian and labour economist, for giving us a new perspective on the age-old problem of women’s underrepresentation in the labour market and “for having advanced our understanding of women’s labour market outcomes.”

Headline retail inflation may have returned to the Reserve Bank of Indias tolerance range of 2-6 percent in September, but the central banks work is far from over – and it knows it

 MARRAKESH — Industrial policy is back. It is back with a vengeance in the United States, where for decades the dominant ideology and policy minimised government efforts to influence the structure of the economy. Now, in contrast, we have the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act, all with significant

 MARRAKESH — Industrial policy is back. It is back with a vengeance in the United States, where for decades the dominant ideology and policy minimised government efforts to influence the structure of the economy. Now, in contrast, we have the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act, all with significant

I don’t know if it is still true, but the last I heard the official US war-fighting doctrine held that the nation must be prepared to engage two enemies at the same time.

Ngaire Woods on globalisation; Alison Wolf on the philosophy of education; and Michael Amherst on prison violence—readers respond to our October edition

We all are now witnessing what globalization is all about. We realize that our degree of interdependence is such that it is not only our shared humanity that makes us care about what’s happening to the population of Ukraine, but also our daily lives, sometimes in painful ways.

Russia continues to raze large sections of Ukraine, but that gives Kyiv a unique opening to build a better country — if somebody is willing to pay.

In Earth's version of Elysium, on a net basis, today’s savers outside of the US devote about 60% of their globally mobile savings towards funding the US current-account deficit and, through doing that, fund 50% of the US budget deficit.