The Great Debate

“Act and learn” versus “debate and wait”

By Mohamed El-Erian
November 14, 2011

By Mohamed El-Erian and Michael Spence
The opinions expressed are their own.

In formulating policy, the process and the mindset can have a significant impact on the success or failure of outcomes. How you do it can be as or more important than what you do.

The great global rebalancing and its implications

By Guest Contributor
March 29, 2011

Manoj Pradhan

Alan M. TaylorManoj Pradhan, left, a global EM economist, is an executive director at Morgan Stanley. Alan M. Taylor, right, a senior advisor at Morgan Stanley, is a professor of economics at the University of California, Davis. The opinions expressed are their own.

Fed is banking on phony wealth effect

By J Saft
October 7, 2010

The Federal Reserve is committed to enticing Americans into doing once again what worked out so badly in the last decade: spending the phony paper gains engineered by overly loose monetary policy.

Looking for Keynes’ angels

September 14, 2010

Keynesian stimulus works perfectly, but only if you can find politicians who don’t care about re-election and central bankers who aren’t interested in being liked.

Market should prepare for autumn rate “exit”

April 13, 2010

Could the first increases inĀ  short-term U.S. interest rates come much earlier than most forecasters expect, perhaps as soon as September or November 2010?

There’s no way to hedge politics

January 26, 2010

Ben Bernanke in peril and the Volcker crackdown on proprietary trading by banks show two truths of the current dispensation: there is no effective hedge against politics and the reflation trade rests on fragile foundations.

Obama bank plan is good policy, good politics

January 22, 2010

– John Kemp is a Reuters columnist. The views expressed are his own –

from India Insight:

U.S. on Israel — double standards or a double-edged sword?

December 30, 2008

December 24 - Palestinian militants in the Gaza Strip ratchet up rocket fire towards Israel after Hamas ended a six-month ceasefire.