Originally appeared in The New York Times DONALD TRUMP’S economic views may not have garnered as much attention as his misogynistic statements, but they are equally unpalatable, evincing a lack of understanding of basic economics that is startling for a billionaire businessman. While Mr. Trump has not provided specifics much beyond the “Make America Great […]
Originally appeared in the New York Times. TO some, millennials — those urban-dwelling, ride-sharing indefatigable social networkers — are engaged, upbeat and open to change. To others, they are narcissistic, lazy and self-centered. I’m in the first camp, but regardless of your opinion, be fretful over their economic well-being and fearful — oh so fearful […]
Originally appeared in The New York Times IN dominating the debate over how to address the Greek crisis, Germany has shown that economic success brings political influence, which it wielded last weekend to brush away requests from France and Italy for more lenient treatment of their neighbor. Not everyone loves German rigidity, but Europe should […]
Originally appeared in the New York Times. I’m all in for the plan announced last week by the Treasury to put a woman on a piece of American folding money. But in bumping Alexander Hamilton from the center of the $10 bill, we would be exiling the man most responsible for our nation’s having a […]
Originally appeared in The New York Times. LAST week’s news from Washington: A dysfunctional Congress managed to function just long enough to bludgeon President Obama into ceding his prerogative to enter into an executive agreement with Iran regarding its nuclear program. That’s unfortunate. I wish the president had had the votes to hang tough on […]
Originally appeared in The New York Times. Ever since President Obama unveiled his health care plan in 2009, critics have questioned its lofty promise to bring affordable health insurance to millions of Americans. Now statistics for the second year are largely in hand and the verdict is indisputable: Its disastrous 2013 rollout notwithstanding, the Affordable […]
Originally appeared in Business Insider. I’m flattered that New York Times columnist Paul Krugman – Nobel prize winning economist and darling of crunchies everywhere – has seen fit to attack me not once, but twice, over a recent Times Op-Ed column of mine about the Eurozone mess. The nub of my sin, says Krugman, is […]
Originally appeared in The New York Times. TOO often the debate over how to restart Europe’s economy veers into the conveniently crisp alternatives of stimulus versus austerity. Should the pressure to reduce government deficits be relaxed? Should central bank actions to lower interest rates have come sooner and been more aggressive? That simplistic debate has […]
Originally appeared in the Daily Beast. The Democratic attacks on Obama’s Treasury undersecretary nominee are ill-informed and can only lead to pointless fratricide. My friend and former partner Antonio Weiss has poked his head above the parapet and volunteered for government service, only to be met with a volley of friendly fire from fellow Democrats. […]
Originally appeared in The New York Times. Although developments on the political front were certainly dispiriting, for the first time in years, the economic news was not all gloomy. But with the economy improving, there was less focus on the continuing need to address flagging incomes, rising inequality and unbalanced government spending. Below are 10 […]