Posts Tagged ‘Kenneth Rogoff’

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Comparing Economic Recoveries

    Oct 29, 12 • 397 Views • No Comments

    Illustrated by this graph from the Minneapolis Federal Reserve, sometimes one orange line can create a huge debate. The thick orange line representing the US recovery from the December 2007-June 2009 recession reflects a tepid ascent next to curves that...  [read more]

  • euro zone map

    Luxembourg Yogurt?

    Oct 13, 12 • 237 Views • No Comments

    For this Greece update, some past and current information… Soon after the euro was launched on January 1, 2002, a €76,000 bank heist near Athens became the first major euro robbery. Near Athens also, with the new currency launch, it took 3 staff...  [read more]

  • Self-interest represents the seeds that blossom into economic growth.

    Questions about Capitalism

    Jan 4, 12 • 264 Views • No Comments

    Can capitalism survive? In a Project Syndicate article, Harvard professor Ken Rogoff said, probably. But the “Anglo American paradigm” might evolve into another kind of capitalism. What threatens Anglo-American capitalism? Dr. Rogoff lists 5...  [read more]

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    Default Deja Vu

    Nov 2, 11 • 258 Views • No Comments

    Between its independence in 1829 and 2006, Greece has had 5 defaults or debt reschedulings that occupied a total of 50.6 years.  Described by Rogoff and Reinhart in their 2008 paper and book, This Time It’s Different, few nations break out of a...  [read more]

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    Greece and Argentina

    Oct 25, 11 • 335 Views • No Comments

    Nobody wants Greece to become Argentina. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying the influx of dollars, Argentina borrowed and grew and prospered…for awhile.  But when recession hit at the end...  [read more]