Moral Outrage
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Posts Tagged ‘Debt Crisis

IMF confirms world economy has entered a dangerous new phase

September 20, 2011

The world economy has entered a “dangerous new phase,” according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year. “The global economy has entered a dangerous new phase,” said Olivier […]

Solving the Debt Crisis is Easy

July 30, 2011

As one who teaches Economics 101 and, as a professor and international consultant who makes a career out of giving macroeconomic advice to other countries, I find the current impasse in the United States both appalling in its potential risks and frustrating in the simplicity of the solutions that are hardly even talked about. The […]