Search Results for: financial market

By Simon Johnson – The political debate about finance in the US is often cast as markets versus regulation, as if “more regulation” means the efficiency of private sector decisions will necessarily be impeded or distorted. But this is the … Continue reading →

By Noah Smith – That’s why this 2012 paper (pdf) by Andrei Shleifer and Robin Greenwood is so interesting. They take an extremely simple approach toward measuring people expectations: Just ask people what they think is going to happen! Actually, … Continue reading →

By Douglas J. Elliott – Financial markets and the governments of advanced economies around the world are inextricably tied together in an unbreakable marriage. The two sides need each other. Governments borrow huge sums of money and, for its part, … Continue reading →

By Larry Elliott – There were four big economic shifts that helped cause the credit crunch and the recession that followed; from regulated to de-regulated markets; from manufacturing to finance; from west to east, and from labour to capital. There … Continue reading →

By Olivier Godechot – The concept of financialization was first forged by post-Keynesian or neo-Marxist authors as a new “pattern of accumulation in which profit making occurs increasingly through financial channels rather than through trade and commodity production.” Four types … Continue reading →

By William D. Cohan – The problem is that — just as in the year or so before September 2008 — the credit markets are once again badly mispricing risk. Thanks to the easy-money policies in ascendancy among central bankers … Continue reading →

EurActiv – While global metal and mineral markets generally follow a cyclical pattern based on supply and demand, the 2002-2008 period was marked by unforeseen high prices triggered by soaring demand in emerging countries, according to the European Commission. “It … Continue reading →

By Mark van Vugt and Michael E. Price – We are still feeling the effects of the global financial crisis, which started in the US in 2008, and that has now spread to every corner of the world. The financial … Continue reading →

By Guillaume Duval – Ten years after the collapse of Lehman Brothers people are frequently asking themselves why the crisis has done so much to strengthen populism and nationalism everywhere you go. However, economically and socially, the process that lies … Continue reading →

By John T. Harvey – That’s fantastic. Good work, Presidents Bush, Obama and Trump. But just because we bailed the water out of the sinking ship doesn’t mean we patched all the holes. And while the former is a necessary … Continue reading →