by Justin Fox | Aug 30, 2017 | Opinion
In the affluent nations of northwestern Europe, people with university educations have taken over politics. Cabinet ministers with fancy degrees are nothing new, but more and more parliamentary seats have been going to college graduates. In some countries, the highly...
by Justin Fox | Aug 12, 2017 | Opinion
What do the economists at the International Monetary Fund see when they look at the US? An economy in the midst of a long expansion (“its third longest expansion since 1850”), with “persistently strong” job growth, “subdued”...
by Justin Fox | Jun 3, 2017 | Opinion
Germany’s gigantic trade surpluses are a problem. Almost everybody — including lots of Germans — agrees on that. But when President Donald Trump decries the US trade deficit with Germany, as he did this morning on Twitter, and declares that...
by Justin Fox | May 29, 2017 | Opinion
Across the Western world, the elite and the experts are under attack. This is especially true of economic experts, whose credibility took a deserved beating during and after the global financial crisis. France is no exception to this tendency. In the first round of...
by Justin Fox | Mar 21, 2017 | Opinion
While the financial crisis raged around them in 2008, economists Carmen N. Reinhart and Kenneth S. Rogoff were hard at work assembling historical tables and charts. In 2009 they published page after page after page of them in the wonky book “This Time Is Different:...
