What next?

Pittsburgh, the host of the next G20 summit on September 24th, is known as the ?city of bridges?. Anyone watching…

The other exit strategy

Economic policymakers across the rich world face two delicate balancing acts over the new few years. The first, involving monetary…

What if?

Harold James, an economic historian at Princeton University, says Lehman?s failure was analogous to the collapse of Creditanstalt, a big…

Boom, bust, bonanza

Even the darkest cloud has a silver lining. Just ask the insolvency lawyers and other professionals who are raking in…

Unnatural selection

A year on from Lehman that still looks like the right call. After the crash in 1929 America?s economy shrank…

Hovering Kraft

Eating comfort food at home and, if all else fails, gorging on chocolate seem to be the simplest ways for…

Doing Doha down

Something is usually better than nothing. Shorn of all of the economic jargon and legal niceties, that is the logic…

Tome raider

Paul Courant, the dean of libraries at the University of Michigan, jokes that he also runs ?an orphanage?.

Withdrawal symptoms

How big an influence on spending is housing wealth? Hopes for a consumer revival in countries where house prices have…

Total liabilities

An American judge once said that it was hard to define pornography, but ?I know it when I see it?.…

A hard climb

When G-20 leaders met in Washington, DC, in November and then in London in April, fear and uncertainty reigned. Ringing…

The noodle bowl

These are worrying times for world trade. Despite a recent levelling out after the first quarter?s collapse, the World Trade…

Follow the money

The surge in China?s bank lending this year partly explains why its economy has recovered much faster than other big…