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.

Iceland may have cure to bad banking

By Edward Hadas
April 8, 2015

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

The redundant fictions of Greek debt

By Edward Hadas
February 4, 2015

By Edward Hadas

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

Why the global recovery is so slow

By Edward Hadas
August 6, 2014

By Edward Hadas

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

Growth in a rich and crowded world

By Edward Hadas
July 23, 2014

Perky, productive robots, or nothing more than a few new smartphone apps? Cascading innovation, or just a few tweaks? Economists and technologists are debating what the future holds.

Favour labour over consumption

By Edward Hadas
November 13, 2013

Unemployment is a problem in most developed economies. Any politician, central banker or professional economist in the United States or Europe will admit that the published rates are unacceptably high, that too many people have left the paid labour force and that young people starting out have a particularly bad deal.

America says it has got poorer. That’s rich

By Edward Hadas
September 25, 2013

The U.S. Census Bureau says the median American household’s income was 1.3 percent lower in 2012 than in 1989 after adjusting for inflation. That suggests stagnant American consumption for the last 24 years. That assertion is not as ridiculous as North Korean propaganda about the United States – “their houses blow down very easily and they have to live in tents” – but it’s still misleading.

China’s wisdom on GDP growth

By Edward Hadas
July 3, 2013

“We should no longer evaluate the performance of leaders simply by GDP growth. Instead, we should look at welfare improvement, social development and environmental indicators.” That is a fine piece of wisdom from Xi Jinping, China’s president. Leaders of developed economies can learn from it.

Poverty and renunciation

By Edward Hadas
April 3, 2013

“Go into the street, and give one man a lecture on morality, and another a shilling, and see which will respect you most.” Samuel Johnson said that in the 18th century, but the general preference for money over preaching is sufficiently strong and timeless that his wry quip remains pertinent. Most economists take Johnson’s sentiment too seriously. They assume that people always want more shillings and always resist wealth-denying morality. That is a serious error.

What to do about debt

By Edward Hadas
May 30, 2012

Debt, a little like sex, is a two-sided relationship which, when used appropriately, pleases the partners and is good for society. But both are also intoxicating and can easily become excessive and anti-social.