Tags » Financial Crises

Low real interest rates: depression economics, not secular trends

Gene Kindberg-Hanlon.

Real interest rates have fallen by around 5 percentage points since the 1980s.  Many economists attribute this to “secular” trends such as a structural slowdown in global growth, changing demographics and a fall in the relative price of capital goods which will hold equilibrium rates low for a decade or more ( 1,754 more words

Macroeconomics

How should regulators deal with uncertainty? Insights from the Precautionary Principle

Ian Webb, David Baumslag and Rupert Read.

One September morning, the Lord Mayor of London was called to inspect a fire that had recently started in the City. 1,449 more words

Financial Stability

Nine Economic Lessons From 2016

Had there been no financial crisis in 2007/08 with all the consequences that came with it, the economic outcomes—and, therefore, political history—of the last eight years would have been markedly different. 35 more words

United States

Seasons in Life and Recovery

For writers and “recoverers,” I’m sharing some beautiful writing by Laura McKowen about her life journey and journey of recovery from alcohol addiction.  I love that she touches on loneliness, something I can relate to very much in my own life and feel shame about, and mental health and financial crises.  149 more words

Recovery

South Africa is an upper-middle-income country

While various positions are advanced, there is broad agreement that poverty exists on a vast scale, that it is closely correlated with race and that, by many indicators, the situation has deteriorated since the transition to democracy. 168 more words

Blogs

Lessons from 'Too Big to Fail' in the 1980s

Can a bank run be stopped? Government guarantees and the run on Continental Illinois

Mark A Carlson (Bank for International Settlements) and Jonathan Rose (Board of Governors of the Federal Reserve) 1,084 more words

Business History

"Ahistorical": Trump And Clinton Are Telling Two Radically Different Stories About The Economy. Only One Is Based In Reality

In this weekend’s New York Times Magazine, there’s an interview with President Obama in which he assesses his economic legacy, and as you might expect, he has a complicated view of things. 1,135 more words

Republicans