Financial crisis

Japan's Fake Economic Reforms

Why Tokyo could use a little more creative destruction.

BY RICHARD KATZ | JANUARY 8, 2010

A $123 Trillion China? Not Likely.

The many, many reasons -- from the financial crisis to the country's aging population to environmental limitations -- why Robert Fogel's forecast for China is completely inconceivable. 

BY NICHOLAS CONSONERY | JANUARY 7, 2010

The End of Influence

For as long as many can remember, the United States has been the country with money, influence, and power. But all that is changing, write Brad DeLong and Stephen Cohen in their new book, The End of Influence. FP excerpts exclusively here.

BY BRAD DELONG, STEPHEN COHEN | DECEMBER 23, 2009

How the Tricks That Crashed Wall Street Can Save the World

As countries including the United States reform their financial sectors, they should look inside the banks themselves for the tools for the fix.

BY OLIVER HART, LUIGI ZINGALES | DECEMBER 3, 2009

This Time Is Different: Eight Centuries of Financial Folly

Carmen Reinhart and Kenneth Rogoff know financial crises. In the preamble to their book, recommended by FP Big Thinkers Willem Buiter and Mohamed El-Erian, the two trace back the history of how, with each shock and economic trouble, the world believes that this time is different. It's not.

BY CARMEN M. REINHART, KENNETH ROGOFF | DECEMBER 3, 2009

Animal Spirits

In a chapter of their new book, recommended by FP Big Thinker Paul Collier, George A. Akerlof and Robert Shiller explain why stories -- the human narratives we use to make sense of a complicated world -- are vital to understanding economics.

BY GEORGE A. AKERLOF, ROBERT J. SHILLER | DECEMBER 3, 2009

The Big Thinkers of Giving

How philanthrocapitalists are reshaping the world of charity.

BY MATTHEW BISHOP, MICHAEL GREEN | DECEMBER 2009

Dead Men Walking

Why 2009's truly top thinkers are yesterday's news.

BY NIALL FERGUSON | DECEMBER 2009

Market Riot

How the crisis inspired an entirely new set of big ideas on big money.

BY NOAM SCHEIBER | DECEMBER 2009

Five Things Obama Should Do in China

Here's what the U.S. president needs to do to shore up what is fast becoming the most important relationship in the world.

BY JOHN WATKINS, JR. | NOVEMBER 16, 2009

The Early Read on: The Great Recession

As experts attempt to heal the fractured global market, a group of new books on the financial crisis is already offering the first draft of history.

SEPTEMBER 30, 2009

Bouncy Castle Finance

Since the collapse of Lehman Brothers a year ago, Wall Street's gone from "too big to fail" to "too big to bail." How did we get here -- and how do we get out?

BY MARK BLYTH | SEPTEMBER 14, 2009

Brazil's Public Option

What Obama can learn from Lula about universal health care.

BY EDUARDO J. GÓMEZ | SEPTEMBER 2, 2009

How High Will It Go?

How the price of oil might superspike once again.

BY THE MCKINSEY GLOBAL INSTITUTE | SEPT. / OCT. 2009

The Coming Supply Crunch

How the recession is throttling much-needed investment.

BY FATIH BIROL | SEPT. / OCT. 2009

Macho Men

Irma Erlingsdóttir, director of the Center for Women’s and Gender Studies at the University of Iceland, thinks Reihan Salam's "The Death of Macho" overestimates the erosion of "male-archy" in Iceland.

SEPT. / OCT. 2009

What the World's Poorest Can Teach Us About Money Management

How can anyone live on just $2 a day? Economists are starting to find out.

BY JONATHAN MORDUCH | AUGUST 21, 2009

If China's So Powerful, Why Isn't It More Powerful?

The United States and other nations have long recognized Beijing's economic might. But why hasn't that translated to commensurate political respect?

BY WEN LIAO | JULY 28, 2009

The China Bubble's Coming -- But Not the One You Think

Forget about a Shanghai stock bubble. The whole Chinese economy's getting ready to burst.

BY VITALIY KATSENELSON | JULY 23, 2009

Europe's New Lost Generation

Young Europeans are facing the worst job market in years -- and that has some scary implications now and down the road.

BY ANNIE LOWREY | JULY 13, 2009

The Age of Disorganization

Don't assume that the rise of new powers will lead to a new world order. The era of U.S. hegemony could be followed by a period of chaotic "nonpolarity" instead.

BY IAN BREMMER AND FLYNT LEVERETT | APRIL 27, 2009

The List: False Hopes of Spring

Five signs of economic recovery and reasons to be skeptical of them.

BY JOSHUA KEATING | APRIL 22, 2009

Thoroughly Modern Marx

Lights. Camera. Action. Das Kapital. Now.

BY LEO PANITCH | APRIL 15, 2009

Imbalance of Powers

World leaders still haven't addressed the structural problems that got us into the financial crisis.

BY BRAD SETSER | APRIL 15, 2009

The Long Legs of the Crash: 13 Unexpected Consequences of the Financial Crisis

Last year had more than its share of vertigo-inducing headlines: major banks suddenly disappearing, the Dow plunging day after day, and billion-dollar bailouts failing to make a dent in the worst financial crisis since the Great Depression.

BY DANIEL W. DREZNER | MARCH 1, 2009

How Big Finance Bought the Bailout Plan

Did political contributions from Wall Street torpedo efforts to save America's struggling homeowners? Weighing some new evidence.

BY PAOLA SAPIENZA , LUIGI ZINGALES | FEBRUARY 13, 2009

Delusional in Davos

Why the global business elite feel no remorse about the damage they've done.

BY FEDERICO FUBINI | FEBRUARY 2, 2009

The Worst Is Yet to Come

Five economists whose prophetic warnings went unheeded preview the next stage of the global financial crisis.

JANUARY 5, 2009

An Intellectual Bailout

We must add another field to the list of those in need of rescuing -- economics itself.

BY MOISÉS NAÍM | JANUARY 5, 2009