The features
W(h)ither the Dollar?
The United States has recently faced a vacillating dollar, calls to replace it as the global reserve currency, and calls for less spending and more saving in the United States. This all comes at an awkward time given the level of public outlays required to deal with the crisis and the need to attract capital to pay for them. But the pressures also highlight the central role of the dollar in the crisis. | Read more »
Dear Dr. Dollar:
With the crisis in Greece and other countries, commentators have said that governments are “under pressure from the bond market” or that bond markets will “punish” governments. What does this mean? | Read more »
Myths of the Deficit
Why do people think that it is more important for the government to reduce the deficit now, rather than to spend money to create jobs? | Read more »
Greece as a Demonstration Project
Will the black sheep bite back? Will the PIIGS? What about US? | Read more »
Bankruptcy as Corporate Makeover
The recent bankruptcy of ASARCO offers a chilling glimpse into the world of corporate irresponsibility allowable under U.S. bankruptcy provisions and environmental policy. | Read more »
