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    1. Gavyn Davies

      May 8, 2016

      When secular stagnation meets protection

      One of the surprises of the Great Recession period since 2008 has been that global protection against free trade has...

    2. FT Alphaville

      May 3, 2016

      If Larry Summers is right about secular stagnation, he's also right about Harvard's endowment

      Sticking with a plan after it seems to have stopped working can be admirable persistence — or it can be bull-headed...

    Special Reports

    1. World Economy

      The world economy is at a fork in the road. On one path, 2016 looks likely to see a de...
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    1. FT Alphaville

      May 2, 2016

      Oh my! Craig Wright's 'Keys of Revelation'

      As the clairvoyant FT Alphaville said on March 31, Australian Craig Wright has come out to claim he is Satoshi...

    2. Lawrence Summers

      February 25, 2016

      In defence of killing the $100 bill

      This post is written by Peter Sands and Larry Summers Our advocacy of ending the printing of high denomination notes —...

    3. Gavyn Davies

      February 21, 2016

      Splits in the Keynesian camp: a Galilean Dialogue

      As Paul Krugman pointed out a year ago, a sharp difference of views about US monetary policy has developed between two...

    4. Fast FT

      February 8, 2016

      FirstFT - Satanic savings, olive oil and free lunches

      Here’s a taste of today’s FirstFT email. You can sign up to receive it here. No free lunches but plenty of cheap ones...

    5. FT Alphaville

      January 28, 2016

      Further reading

      Elsewhere on Thursday, - Ackman runs an anti-index fund. - Robert J Gordon on his own pessimism, part II. - Trump, FOX...

    6. Fast FT

      January 11, 2016

      FirstFT - How to tell what’s going to kill you

      Here’s a taste of today’s FirstFT email. You can sign up to receive it here. The drug lord and the thespian In October,...

    7. FT Alphaville

      December 16, 2015

      Further reading

      Elsewhere on Wednesday, - Ben Bernanke says he never expected rates to be at zero for so long. - Larry Summers on what...

    8. Lawrence Summers

      November 10, 2015

      This $13tn question is more important than ever

      Just as in the Great War it became clear that war is too important to be left to generals, so too in the Great...

    9. Lawrence Summers

      October 28, 2015

      Plan for Puerto Rico should be basis for prompt congressional action

      Last week the US Treasury announced their recommended approach to the profound economic and financial crisis engulfing...

    10. Gavyn Davies

      October 11, 2015

      When is a global recession not a recession?

      After several years of moderate but sustained worldwide GDP growth, the spectre of a global recession in 2016 can no...

    11. FT Alphaville

      September 23, 2015

      21 (grams of digital coke)

      In movie parlance, 21 grammes is said to be the weight of the soul. Keep this in mind as we explore 21 Inc’s big...

    12. FT Alphaville

      July 13, 2015

      FirstFT (the new 6am Cut)

      Fraught negotiations in Brussels over a EUR86bn bailout package at the weekend created fresh uncertainty for Greece...

    13. Gavyn Davies

      May 31, 2015

      Has the rethinking of macroeconomic policy been successful?

      The great financial crash of 2008 was expected to lead to a fundamental re-thinking of macro-economics, perhaps leading...

    14. FT Alphaville

      May 27, 2015

      Summers and Swiss bitcoin hoards

      The FT’s Richard Waters reports that Larry Summers, former US treasury secretary and secular stagnation theorist, is to...

    15. FT Alphaville

      May 18, 2015

      And then there were four, Ukraine bonds edition

      Back in April, five leading owners of Ukrainian bonds formed a committee to negotiate a restructuring with their debtor...

    16. Andrew McAfee

      May 15, 2015

      How to reconcile great technology with lousy productivity

      Labor productivity actually dropped over the past two quarters in the US, which at first glance makes absolutely no...

    17. beyondbrics

      May 11, 2015

      As obituaries are written for the World Bank, the IMF is set to become indispensable

      Obituaries have been written for the World Bank following the arrival of China’s Asian Infrastructure Investment Bank...

    18. Andrew McAfee

      April 30, 2015

      Technology, deflation and secular stagnation

      Technology is not driving an economy-wide drop in prices at present, but let’s not rule the possibility out just yet....

    19. April 23, 2015

      Google's Schmidt buys NY hedge fund stake

      Eric Schmidt, Google’s billionaire chairman, has snapped up a minority stake in a New York hedge fund. Hillspire, Mr...

    20. April 17, 2015

      The worst mistake is to ignore secular stagnation

      Once there was a simple rule of thumb for determining a country’s economic standing: the lower the interest rate, the...

    21. April 12, 2015

      Macroeconomists need new tools to challenge consensus

      Macroeconomists are once again caught up in a discussion about the future of their profession. An example has been the...

    22. Gavyn Davies

      April 12, 2015

      Who is right about the equilibrium interest rate?

      The equilibrium real interest rate continues to lie at the heart of discussions about economic policy in the US and...

    23. April 10, 2015

      Investment is the cure for secular stagnation

      Secular stagnation might once have sounded like a dose of anguish for agnostics, perhaps following unemployment for...

    24. Andrew McAfee

      February 26, 2015

      It seems nobody knows what's going on with the economy

      I participated in a fascinating and slightly unsettling event last week. The Hamilton Project, an American think tank...

    25. February 15, 2015

      Professors stake out territory for bitcoin

      The last thing Campbell Harvey wants is to find himself playing the role of Lawrence Summers in The Social Network, who...

    26. January 26, 2015

      IMF pressed to increase lending to Ukraine

      The International Monetary Fund is under growing pressure to stump up billions of additional dollars to avert a...

    27. Gavyn Davies

      January 25, 2015

      The Fed is accused of complacency

      The Federal Open Market Committee of the Federal Reserve (FOMC) will meet on Wednesday amid signs that the broad...

    28. January 23, 2015

      Give the middle classes their fair share of the pie

      ‘It can be morning again for the world’s middle class’ Financial Times, January 19 Lawrence Summers, former US Treasury...

    29. January 22, 2015

      Tensions build ahead of ECB launch of QE

      Months of increasingly heated debate over the eurozone’s latest attempt to extricate itself from deflation and weak...

    30. The World

      January 22, 2015

      Davos debate focuses on eurozone QE

      There is no doubt what the big issue is at the World Economic Forum on Thursday – the European Central Bank decision...

    31. January 15, 2015

      Ed Balls set to launch centre-left economic report in Washington

      Ed Balls is to pre-empt David Cameron’s visit to the White House by 24 hours by launching an international “inclusive...

    32. December 2, 2014

      Early investors to make big gains on Lending Club IPO

      High profile Wall Street names including Lawrence Summers, former US Treasury secretary, and John Mack, former Morgan...

    33. November 28, 2014

      Andersen was exonerated but by then it was too late

      Sir, The review by Lawrence Summers of Brandon Garrett’s book Too Big to Jail: How Prosecutors Compromise with...

    34. November 26, 2014

      Lending Club boosts size of planned IPO

      Lending Club has boosted the size of its planned initial public offering to $650m as it prepares to launch investor...

    35. beyondbrics

      November 11, 2014

      Guest post: China - reverting to which mean?

      By Louis Kuijs of RBS China’s economic growth is coming down, trend-wise, but opinions differ widely over how much and...

    36. The A-List

      October 24, 2014

      Realising China’s sustainable growth rate

      Temple night market  © Ray Laskowitz / Getty Images The former US Treasury secretary Lawrence Summers and his Harvard...

    37. FT Alphaville

      October 22, 2014

      Fed talk, inequality, and the lawless border town between fiscal and monetary responsibilities

      It’s hard to say which was more surprising — the passages in Janet Yellen’s inequality speech last week that appealed...

    38. FT Alphaville

      October 20, 2014

      Regressing to the mean in China or why if something cannot go on forever, it will stop

      With a h/t to Marginal Revolution, here’s Larry Summers and Lant Pritchett on why — for the same reason the USSR didn’t...

    Search for Lawrence Summers and

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