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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. Japan & the World

    2. World Economy

      The world economy is at a fork in the road. On one path, 2016 looks likely to see a de...
    Search more Special Reports on this topic.

    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. April 7, 2016

      Marketplace lenders establish trade body

      Three of the biggest names in the US marketplace lending industry have combined to create a trade association, forming...

    3. March 18, 2016

      Santander to boost dividend by 5%

      Spain’s Banco Santander plans to increase its dividend by 5 per cent and has appointed Lawrence Summers, former US...

    4. 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 —...

    5. February 22, 2016

      Canada deficit could triple Justin Trudeau’s promised C$10bn limit

      Canada’s deficit could be triple the C$10bn cap promised by Justin Trudeau in his campaign after the new government...

    6. 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...

    7. 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...

    8. 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...

    9. January 26, 2016

      Lending Club paves way for rivals

      Larry Summers was effusive, when asked in December 2014 to comment on the stock market debut of Lending Club. Shares in...

    10. January 18, 2016

      How to wean the world off monetary stimulus

      After seven years of extraordinary governmental stimulus, the world needs a shift from exceptional monetary policies to...

    11. January 17, 2016

      The lunatics are running monetary policy

      Have central bankers lost control as the animal spirits in the markets create instability, damage investor sentiment...

    12. January 11, 2016

      Larry Summers: ‘An isolated Japan will fall further behind’

      Larry Summers, formerly US Treasury secretary, chief economic adviser to President Obama and president of Harvard, is...

    13. 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,...

    14. January 5, 2016

      Free Lunch: On models and making policy

      Modes of thinking One thing the internet has achieved is to open up to the public the discussions between academic...

    15. 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...

    16. 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...

    17. 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...

    18. October 21, 2015

      Bond investors nervous as US debt default looms

      Political skirmishes over US government borrowing intensified on Wednesday as anxiety grew in the bond market over a...

    19. 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...

    20. October 9, 2015

      The global economy flashes warning signs

      It never takes much imagination to be gloomy about the global economy. Somewhere, something is always going wrong,...

    21. September 24, 2015

      Crowdsource data gatherer Premise given $50m injection

      An ambitious attempt to crowdsource data that sheds light on some of the world’s more opaque economies received a boost...

    22. September 23, 2015

      21 Bitcoin Computer: A sideline in bitcoin-mining

      After months of hype, the 21 Bitcoin Computer from 21 Inc was finally unveiled this week. Built atop the Raspberry Pi...

    23. 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...

    24. September 18, 2015

      Free Lunch: A good week for monetary policy

      Advancing by standing still One of the more interesting debates ahead of Thursday’s Federal Reserve interest rate...

    25. September 17, 2015

      A guide to the Fed’s rate rise dilemma

      When in July Janet Yellen last spoke publicly, she sounded like a Federal Reserve chair who was ready to take action....

    26. September 1, 2015

      The clever financial marketeers who crashed the economy

      When I was a schoolboy in Edinburgh in the 1960s, the head office of the Bank of Scotland was an imposing building on...

    27. August 26, 2015

      Fed’s William Dudley cools talk of September liftoff

      A senior Federal Reserve official has damped expectations that the US central bank would raise interest rates next...

    28. August 25, 2015

      US market slide points to fresh turmoil

      The US stock market recovery triggered by China’s efforts to buttress its economy unravelled in the last hour of the...

    29. August 25, 2015

      Larry Summers and Ray Dalio flag return of quantitative easing

      Investors believe that the recent market ructions have almost killed off the chances of a Federal Reserve interest rate...

    30. 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...

    31. June 7, 2015

      South Korea working to boost demand

      South Korea’s finance minister has criticised leading world economies for not doing enough to counter a slump in global...

    32. 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...

    33. 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...

    34. 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...

    35. 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...

    36. 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...

    37. 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....

    38. 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...

    Search for Lawrence Summers and


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