Barry Eichengreen

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Fiscal Policy Makes A Comeback

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Deficit spending, not monetary policy, now holds the key to ensuring stable and equitable growth.

The Stable-Coin Myth

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The problems with cryptocurrencies will be familiar to anyone who has had coffee with an emerging-market central banker.

China And The Future Of Democracy

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Will China's power and prosperity really boost the global appeal of its authoritarian model?

The Lessons Of Black Monday

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A good historical precedent for current conditions is the huge one-day drop on October 19, 1987.

World's Central Banks In The Dock

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Independence was also easier to defend when central bankers’ task was limited to keeping inflation low and stable.

Two Myths About Automation

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While many people believe that technological progress and job destruction are accelerating, there is no evidence of either trend.

Central Banks In The Dock

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Compromising central bank independence to enhance political accountability would be to throw the baby out with the bathwater.

Revenge Of The Experts

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It's taken longer than many people expected, but the negative economic impacts of Brexit are finally showing themselves.

Trump The Reluctant Multilateralist

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The real test of Trump’s stance on multilateralism will be how he approaches the World Trade Organization.

Globalization's Last Gasp

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World trade growth would be slowing down even without Trump in office.

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