by Nouriel Roubini and and Stephen Miran | Aug 20, 2024 | Project Syndicate
The US Treasury’s debt-issuance polices have become a powerful form of policy easing. By shortening its issuance profile to reduce long-term interest rates, the Treasury has delivered economic stimulus equivalent to a one-point cut to the Fed’s policy rate, impeding...
by Nouriel Roubini | Jul 5, 2024 | Project Syndicate
If National Rally were to secure an absolute majority in the French National Assembly, it could of course try to carry out its far-right vision of reckless fiscal expansion and anti-EU unilateralism. But if it is smart, it would offer a more disciplined fiscal-policy...
by Nouriel Roubini | Apr 4, 2024 | Project Syndicate
While China obviously needs to boost private-sector confidence and revive growth with a more sustainable economic model, it is not clear that Chinese leaders fully appreciate the challenges they face. The shift back to state capitalism over the last decade is plainly...
by Nouriel Roubini | Mar 5, 2024 | Project Syndicate
Although the world is beset by wars, rising great-power tensions, and other geopolitical risks, most of these factors have not radically affected the outlook for economies and markets in the near term. But that could change if the United States returns to an...
by Nouriel Roubini | Feb 5, 2024 | Project Syndicate
There is no shortage of hope – and hype – about what artificial intelligence could do for productivity and economic growth in the future. But we must bear in mind that our politics have proven too dysfunctional, and our policies too misguided, to manage...
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