Make the most of 2020. Read the FT in print for just $99.
Add this topic to your myFT Digest for news straight to your inbox
If demand pressure alters long-term productive capacity, the implications for central banks are profound
Fine, bash GDP. But it’s unclear we have a better measure of prosperity.
To get out of deadlock, euro members should compromise over ‘safe portfolio’ solution
Luckily, policymakers have believed their eyes rather than their theories
The link between national prosperity and personal wellbeing is not straightforward
Experience and new research show that institutional quality is key
A new working paper explores the effects of government spending, via defence R&D, on the private sector.
Today in the ‘we knew this half a decade ago’ files.
The measures could be effective but will be politically difficult to implement
As evidence accumulates, naysayers’ case becomes less convincing
George Akerlof on how Keynesians neglected markets to win one of the crucial ideological battles of the mid-20th century.
Leave voters increasingly distrust economists to provide honest answers, survey reveals
Short answer: no.
IMF slashes forecast for world economy but that does not mean a recession is coming
Gini in a bottle.
Central banks should not fear ‘reversal rate’
Two speed economy means that any spending must be carefully tailored
Low rates and slowing growth are stoking fears of a global downturn
Deliveroo pulls out of Germany with four days’ notice.
Debate may not make much difference to practical policy
Economists’ innovative ideas are quickly moving from radical to mainstream
Republican and Democrat convergence risks being grounded in diverging theories of how US economy works
Evidence shows low earners will benefit with little loss of jobs
Tesla delivery milestone, fen tech tigers, corporate travel apps
The split between ‘hard’ and ‘soft’ approaches limits its ability to answer key questions