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ALASTAIR GRANT/The Associated Press Robert A. Mundell, a Nobel Prize-winning economist whose theorizing opened the door to understanding the workings of global finance and the modern-day international economy, while his more iconoclastic views on economic policy fostered the creation of the euro and the adoption of the tax-cutting approach known as supply-side economics, died Sunday at his home, a Renaissance-era palazzo that he and his wife restored, near Siena, Italy. He was 88. The cause was cholangiocarcinoma, cancer of the bile duct, said his wife, Valerie Natsios-Mundell. Mr. Mundell, a...

Tuesday, February 9, 2021 Larry Summers David Warsh, a former Boston Globe columnist and current weekly columnist at his own website, Economic Prinicipals, provides this interesting background story: Some years ago, I set out to write a little book about Harvard University’s USAID project to teach market manners to Boris Yeltsin’s Russian government in the 1990s.  The project collapsed after leaders of the Harvard mission were caught seeking to line their own pockets by gaining control of an American firm they had  brought in to advise the Russians. Project director Andrei Shleifer was...