Showing results 21 - 30 of 283
| Niall Ferguson
September 5, 2021, Video: "Inflation could be repeating the trajectory of the late 1960s, which laid the foundation for sustained high prices the following decade, according to economic historian Niall Ferguson. Ferguson told CNBC on Friday that policymakers are facing a new challenge in the form of rising inflation as a result of responding to the Covid-19 pandemic in a fashion similar to their response to the Great Recession of 2008."…
| Jason Furman | Willie Powell
September 3, 2021. Opinion: "US labor markets continued to make progress in August, but the pace of the progress was slower than in recent months, and the state of the labor market remains uncertain because of conflicting signals from different measures. The generally more reliable employer survey showed that the US economy added 235,000 jobs in August, considerably slower than the 1,008,000 average pace in June and July and well below the 487,…
| Jason Furman
September 3, 2021, Video: "CNBC's "Squawk Box" team discusses the August jobs report with Kate Moore of BlackRock, Nela Richardson of ADP, Karin Kimbrough of LinkedIn and Jason Furman of Harvard." Watch Via CNBC
HKS Author - Jason Furman
| Kenneth Rogoff
August 31, 2021, Opinion: "Many economists seem to view inflation as a purely technocratic problem, and most central bankers would like to believe that. In fact, the roots of sustained inflation mainly stem from political economy problems, and here the long list of similarities between the 1970s and today is unsettling."…
| Joseph Aldy | Richard Zeckhauser
August 31, 2021, Opinion: "Leaders across the world raised the alarm in response to the latest assessment of climate change by the Intergovernmental Panel on Climate Change (IPCC). Christiana Figueres, the former executive secretary of the UN Framework Convention on Climate Change said, "This is a massive wake-up call that is sounding yet another alermbell." Al Gore warned "There is no time left to waste." and UN Secretary-General Antonio…
| Ricardo Hausmann
August 27, 2021, Opinion: "While developing countries have been catching up to their richer counterparts on some key metrics, they appear to be falling behind on others. Most worrisome is a growing gap in the local capabilities needed to make the most of new technological innovations." …
| Megan Greene
August 26, 2021, Opinion: "The emergence of central bank digital currencies is inevitable. Research on CBDC design and implementation is under way around the world. China is seven years into the process and has pilot programmes for the e-CNY, or digital yuan. The European Central Bank aims to introduce one by 2025. The Bank of England and Federal Reserve, however, are moving more slowly. And I think they’re right. What’s inevitable isn’t…
| Lawrence H. Summers
August 26, 2021, Opinion: "The American experience in Vietnam and Afghanistan teaches an important lesson. Making policy incrementally — focusing on adjusting the current policy path to avoid near-term pain, rather than stepping back and assessing whether the current state of affairs makes sense — can lead to terrible outcomes. Indeed, this was the central lesson Daniel Ellsberg drew from the Pentagon Papers."…
| Shawn Cole
August 25, 2021, Paper: "Global economic growth and economic integration suffered major setbacks in 2020–21 owing to the Coronavirus crisis and the huge strains it put on people, companies and governments all around the world. Trade restrictions and global supply*-chain disruptions in particular became recurrent challenges during the pandemic. But even before the crisis, trade tensions and constraints to economic integration threatened to limit…
| Torben Iversen
2021, Paper: "Growing inequality has raised concerns that democratic governments are no longer responsive to popular demands for redistribution, either because the state capacity is eroded by footloose capital, or because the wealthy subvert democracy through the power of money. In this paper we critically assess these arguments against a threeclass model of democracy that incorporates long-standing arguments about redistribution and insurance.…