Thomas Piketty: Pinko or Prophet?
The obscure French economist’s call for large-scale wealth redistribution, and challenges to his data, have not stopped his book from topping the bestseller charts.
Time to Lighten Up on Stocks?
The hotter today’s market gets, the more likely investors are to get burned, experts and indicators say.
Rogoff on Gold: ‘Not Much Has Changed Since 2010’
Does the gold price collapse signal a vote in economic confidence?
15 Best Finance Tweets of the Month: May
PIMCO’s Bill Gross, Zero Hedge and others weigh in on Fed Chairman Ben Bernanke’s congressional testimony; Ron Rhoades tells us what he really thinks about FINRA; and more in your May dispatch from the Twittersphere.
15 Best Finance Tweets of the Month: April
While gold plunged in April and Bitcoin took a wild ride, Sallie Krawcheck threw a punch in the battle of the sexes and Bill Gross opined on the pomp and pageantry of stock trading.
Freakonomics’ Levitt Addresses Reinhart-Rogoff Mistake at Envestnet Summit
Steven Levitt said of the mistake in the widely cited work, “I’m incredibly suspicious of academics in policy decision-making.”
Conservative Economist: Deficit Cutting Has Gone ‘Far Enough’
American Enterprise Institute budget expert John Makin argues that the U.S. is now—thanks to the sequester—on a sustainable fiscal path.
Reinhart and Rogoff Fight Back
Carmen Reinhart and Kenneth Rogoff, in response to a trio of researchers assailing their work, vigorously defended their seminal 2010 study.
Oops! Reinhart-Rogoff Research Tripped Up by Typo
A simple Excel spreadsheet error punches a hole in a highly cited economic paper by Carmen Reinhart and Kenneth Rogoff that has been used to bolster policies favoring restraint in government spending.
Sovereign Debt: Emerging Markets and Developed Nations
Optimism may be surfacing in the Eurozone, and many officials may have backed off their original tough stance on austerity, but Greece is still battling its debt demons.