Bloomberg, August 8, 2018, by Noah Smith The housing crash hurt the poor and middle class more than the rich, who rode the bull stock market. The financial crisis and the Great Recession were absolutely devastating for the wealth of middle- and lower-income Americans. A report from the Federal Reserve Bank of Minneapolis...
On the 19th of June 2018, the University of Bonn along with the Erasmus School of Economics and the European Association for Banking and Financial History (EABH) have co-organized the Workshop “Frontiers in Financial History”. Scholars and academics, from different universities, joined and discussed their latest findings on financial markets. You may have...
Süddeutsche Zeitung ,26.07.2018, by Andrea Rexer. “Vor zehn Jahren brach die Finanzkrise aus. Auch wenn sich die Wirtschaft wieder erholt hat, sind die Folgen bis heute zu spüren. Sieht man sich an, wer profitiert hat, tun sich überraschende Erkenntnisse auf”. Die Protestcamps haben sich längst aufgelöst, den Banken wurden strengere...
Financial Times, 25 July 2018, by Martin Wolf. “If something can’t go on forever, it will stop.” This statement by Herbert Stein, chairman of the US council of economic advisers under Richard Nixon and Gerald Ford, tells us that debt cannot grow faster than an economy forever. “[…]” That is going...
Handelsblatt, 25.07.2018, by Andriane Palka. “Die USA habe die „beste Wirtschaft der Geschichte“, sagt der US-Präsident. Die Lage ist auch gut – doch einer Studie zufolge nicht wegen Trump”. Donald Trump betont gerne, dass die amerikanische Wirtschaft seit seinem Regierungsantritt im Januar 2017 brummt. „Wir haben vielleicht die beste Wirtschaft der...
The Washington Post, 23 July 2018, by Matt O’Brien. One thing we can say for sure is there was a 2016 vote that significantly altered its country’s economic fortunes. No, I’m not talking about President Trump’s shock election, but rather Britain’s equally surprising decision to leave the European Union. Although, as...
AEIdeas, 19 July 2018, by James Pethokoukis. So imagine an alternate reality where Hillary Clinton campaigned a bit more vigorously in supposedly safe Big Ten blue states and eked out a narrow Electoral College victory. So no President Donald Trump. And also no tax cuts, no deregulation, no trade war. How would...
