ARTICLES AND OP-EDS
June 14, 2009
"Preventing another collapse"
Boston Globe
By Sir John Gieve, Former Senior Fellow, Belfer Center for Science and International Affairs, Harvard Kennedy School
"There are four key areas in which the change has to go beyond the incremental: discipline on the biggest firms, using capital requirements to dampen the economic cycle, international cooperation, and institutional change."
June 9, 2009
"Going Beyond MBA Oaths"
Harvard Business Review
By Ben Heineman, Senior Fellow, Belfer Center for Science and International Affairs
"Siemens had a strongly worded code against bribery. It just lacked principles, practices and, ultimately, a culture to make that code a reality."
June 5, 2009
"Corrupt, Amoral Politicians. An Economy Sinking in Terrifying Debt. And a People Enraged. Britain has been Here Before... and the Lesson Should Chill Us All."
Daily Mail
By Niall Ferguson, Member of the Board, Belfer Center for Science and International Affairs
"A corrupt parliament; an unprincipled government; an economy sinking under a mountain of debt - and a people enraged. Not a bad description of Britain in 2009."
June 2, 2009
"Has a recovery really begun in U.S.?"
The Korea Herald
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
Although the American economy is continuing to decline, it is no longer falling as fast as it was at the beginning of the year or in the weeks after the collapse of Lehman Brothers in September 2008. In that sense, it is reasonable to say that the worst of the downturn is now probably behind us.
May 30, 2009
"A History Lesson for Economists in Thrall to Keynes"
Financial Times
By Niall Ferguson, Member of the Board, Belfer Center for Science and International Affairs
It is a brave or foolhardy man who picks a fight with Mr Krugman, the most recent recipient of the Nobel Prize for Economics. Yet a cat may look at a king, and sometimes a historian can challenge an economist.
May 28, 2009
"Economic Crisis as Catalyst"
Agence Global
By Rami Khouri, Senior Fellow, Middle East Initiative
Will the Arab world change course, and aim to really develop our vast human talent, free the minds and spirits of our youth, and move us towards a path of sustainable economic growth?
May 19, 2009
"Stop Bribery Everywhere"
Corporate Counsel
By Ben Heineman, Senior Fellow, Belfer Center for Science and International Affairs
"The most immediate and direct step for U.S. companies is to enlist (and test) the new administration to use its muscle to prevent U.S. business and labor from being disadvantaged by "protectionist" nonenforcement of the international commitment to stop developed-world bribery in other industrialized nations."
May 17, 2009
"Diminished Returns"
New York Times
By Niall Ferguson, Member of the Board, Belfer Center for Science and International Affairs
"Human beings are as good at devising ex post facto explanations for big disasters as they are bad at anticipating those disasters. It is indeed impressive how rapidly the economists who failed to predict this crisis - or predicted the wrong crisis (a dollar crash) - have been able to produce such a satisfying story about its origins. Yes, it was all the fault of deregulation."
May 13, 2009
"Tax Increases Could Kill the Recovery"
Wall Street Journal
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
"It's not too late for Mr. Obama to put these tax increases on hold. If he doesn't, Congress should protect the recovery and the longer-term health of the U.S. economy by voting down this enormous round of higher taxes."
May 11, 2009
"Central banks need to avoid fighting the last war"
Financial Times (London)
By Sir John Gieve, Former Senior Fellow, Belfer Center for Science and International Affairs, Harvard Kennedy School
No one favours bringing the full range of fiscal, monetary and regulatory functions back together under political control. I don't know of any major economy that manages with fewer than three institutions, and most have more. So we need a structure that gives each body a clear remit, but recognises their interdependence and ensures effective co-operation.
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