Edward Hadas

Call that money-printing?

By Edward Hadas
October 8, 2014

By Edward Hadas

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

Market failure can be sign of fatigue

By Edward Hadas
June 11, 2014

By Edward Hadas

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

Three Ms for economics re-education

By Edward Hadas
May 21, 2014

Many economics students are unhappy with what they are being taught. A network of 62 groups from around the world has drawn up a petition calling for more “pluralism” in instruction. The malcontents find the dominant neoclassical model too narrow and want to know why so few experts predicted the 2008 financial crisis. They also want less abstract theory and more study of actual economies. The reproaches are just, but the students’ reform agenda is insufficiently radical.

In favour of much less trading

By Edward Hadas
May 1, 2013

It was front page news in the Wall Street Journal. For three long hours last week, there was no trading on the Chicago Board Options Exchange, the home of S&P 500 stock index options and the Vix volatility index. The Journal quoted a trader: “It was very, very unnerving”. Risks went unhedged. Experts worried about the effect of a more grievous software fault on an even more important exchange. What would happen then?

The menace of financial markets

By Edward Hadas
February 20, 2013

Financial markets are unstable, unhelpful and often immoral. They should be kept under better control.