DIRTY FLOATING IN EMERGING MARKETS / PROJECT SYNDICATE

Dirty Floating in Emerging Markets Central banks are supposed to use the interest rate to achieve an inflation target and let the exchange...

WHY STOCKS ARE LOSING OUT TO CASH / BARRON´S MAGAZINE

Up and Down Wall Street Why Stocks Are Losing Out to Cash By Randall W. Forsyth Ta-ta, TINA. That’s as in “there is no alterna...

THE ELUSIVE BENEFITS OF FLEXIBLE EXCHANGE RATES / OROJECT SYNDICATE

The Elusive Benefits of Flexible Exchange Rates GITA GOPINATH CAMBRIDGE – In 1953, Milton Friedman published an essay called “The Ca...

TRUMPING THE INTERNATIONAL MONETARY SYSTEM / PROJECT SYNDICATE

Trumping the International Monetary System Andrew Sheng, Xiao Geng HONG KONG – It is difficult to know exactly what US President-ele...

BIG ECONOMIC IDEAS: BREAKTHROUGHS AND BRICKBATS / THE ECONOMIST

Big economic ideas Breakthroughs and brickbats What economists can learn from the discipline’s seminal papers . IT IS easy enou...