Economic Progress
Past and present inflation are more similar than you think
With inflation currently high in the US and globally, economists are examining other periods in the history of its use for comparisons and learnings.
Lawrence H. Summers is President Emeritus and Charles W. Eliot University Professor of Harvard University. During the past two decades he has served in a series of senior policy positions, including Vice President of development economics and chief economist of the World Bank, Undersecretary of the Treasury for International Affairs, Director of the National Economic Council for the Obama Administration from 2009 to 2011, and Secretary of the Treasury of the United States, from 1999 to 2001.
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Financial and Monetary Systems
Fed hopes for ‘soft landing’ for the US economy, but history suggests it won’t be able to prevent a recession
The Federal Reserve is hoping to reduce the impact of a recession by raising interest rates in a bid to achieve a 'softer landing' and curb consumer spend.
Economic Progress
As inflation accelerates in the US, so does the probability of a recession
Inflation continues to impact the US. The Federal Reserve is raising interest rates in the hope of avoiding a recession - but experts question if it can be achieved.
Banking and Capital Markets
Why central banks need to rethink their purpose
Bankers and scholars have gathered to discuss how to best address the challenges economies are facing . With Europe and Japan currently in a monetary black hole, which policies can be imp...
Financial and Monetary Systems
The persistence of the global crisis: Time to consider hysteresis?
Antonio Fatás and Lawrence Summers look at the persistance of the global crisis.
Financial and Monetary Systems
Larry Summers: Four things the Fed should do now to help the economy
Larry Summers argues there are four things the Fed should be doing differently.
United States
Is it time to kill the $100 bill?
A moratorium on printing new high denomination notes would be a stand against “big money” and in the interests of ordinary citizens, writes Larry Summers.
Is this a bigger risk to global wellbeing than climate change?
Lawrence H Summers argues that the threat to global wellbeing from pandemics over the next century could be comparable to climate change.
Economic Progress
Larry Summers: Advanced economies are sick. How can we fix them?
Geo-economics
How finance can fight epidemics
Economic Progress
How do unions affect social mobility?
United States
5 reasons the Fed shouldn’t raise rates
Banking and Capital Markets
Video: Larry Summers on European QE
¿Será 2015 el año del crecimiento sin empleo?
