Gregor Logan argues that the combination of very high debt, very low interest rates and very large central bank balance sheets means governments would struggle to respond to another crisis.
Sign In Close
Why BIS calls for higher rates now to head off risk-taking is a foolhardy idea
It's possible that a society of educated people is likely to be more cultured and scientific-minded than one of non-graduates, and this should have positive externalities in the form of better political discourse and higher culture. There is, however, little evidence of this in practice.
Economics writer20 articles | View profile
Housing Transaction Chains by @resi_analyst http://t.co/Kb5CE7bZsd
RT @pmarca: We @a16z were proud to have @vgr as Philosopher In Residence last year. Read his new content series "Breaking Smart"! http://t.…
RT @Frances_Coppola: New Forbes post. The wheels are already coming off the Greek deal: http://t.co/12vPA9878B
Becoming a 21st Century Digital Tinkerer - http://t.co/MSu4z1fLWG
RT @BenedictDel: The FT's new economics dashboard is a winner. http://t.co/24Fdygy0uq