from Hugo Dixon:

Tories and Labour are almost twins

By Hugo Dixon
April 20, 2015

Are the Tories and Labour the Tweedledum and Tweedledee of UK politics? In most things, there’s not much to choose between the UK parties’ economic election pledges. Both want to cut the deficit gradually. Both want to splash out on the National Health Service. And both have a smattering of silly micro-policies. The big differences are that Labour would tax the rich more and the Tories might take Britain out of the European Union.

from Breakingviews:

Review: Some of what is wrong with economics

By Edward Chancellor
April 17, 2015

The response of the dismal scientists to their collective failure to anticipate the global financial crisis has been dispiriting. Economists have refused to set aside their abstruse models, even though these models failed to predict the economic catastrophe. During the boom years, almost all economists applauded Alan Greenspan’s easy money policy. After the bust, the same people continue to deny – in the face of common sense - that the low interest rates of Greenspan’s Federal Reserve were largely responsible for the debt bubble. In short, economics has failed to address its intellectual weaknesses.

from Edward Hadas:

Don’t moan about secular stagnation

By Edward Hadas
April 15, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Surprise monetary policy moves may become new norm in India

April 14, 2015

File photo of Reserve Bank of India (RBI) Governor Raghuram Rajan during a news conference in Mumbai

For all the measures India's central bank has taken to increase transparency in policy making, predicting rate moves by Governor Raghuram Rajan is still difficult.

from MacroScope:

Patient: Fed may drop the word, not the idea

March 18, 2015

RTR4R4RY.jpgFed Chair Janet Yellen may signal later today that she is no longer patient about when to consider raising rates but any eventual hike is likely to come after June, judging by how many key economic reports so far this year have undercut expectations.

from Edward Hadas:

Negative rates and postmodern money

By Edward Hadas
March 5, 2015

Negative interest rates show finance has gone postmodern. The system has become self-referential and value-free, in a way that might please cultural theorists. That’s supposed to help the real economy run more smoothly. But it’s risky, high-handed and not fair to savers.

from Breakingviews:

ECB, Syriza have broken euro zone’s German spell

January 27, 2015

By Pierre Briançon

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Expert Zone:

Tips on how to buy the right life insurance policy

By Deepak Yohannan
December 4, 2014

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)

from Edward Hadas:

FX should be the last home for scandal

By Edward Hadas
November 20, 2014

By Edward Hadas

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Edward Hadas:

Central bankers’ reward for failure

By Edward Hadas
August 28, 2014

Economic systems that work well do not have many heroes. The elevated status of the world’s central bankers – seen in the close attention paid to their annual get-together last weekend in Jackson Hole, Wyoming – is a sign that the financial system works badly.