The EconomistThis Alan Blinder works for The New York Times. The Economist is out with its list of the 25 most influential economists of 2014. And it is a disaster. The magazine chose to exclude sitting central bank governors, and as a result excludes the world’s most three influential economists: Fed Chair Janet Yellen, European Central […]

“A Few Good Men”/Columbia Pictures Corporation Tom Cruise in “A Few Good Men.” I’m sure you can guess the title.  In a paper set to be presented at a January 4 conference in Boston, four economists with the surname of “Goodman” wrote about surname-sharing in economics (via John Overholt of Harvard’s Houghton Library). The authors […]

<div>Please enable Javascript to watch this video</div> New York Times columnist and Princeton economist Paul Krugman spoke with our own Henry Blodget about a range of topics in November. Here Krugman talks about the effects of Europe’s austerity measures and the stubborn divide between the two major economic schools of thought. Edited by Alex Kuzoian. Additional camera […]

Britain is heading for its most joyful year in the last quarter of a century, according to a group of economists. Oxford Economics, a consultancy, says that the UK’s “misery index,” a combination of unemployment and inflation, will tumble to a multi-decade low in 2015. The graph goes all the way back to 1989, when […]

REUTERS/Gene BlevinsMarkets everywhere are sliding. Most of Europe’s stock indexes are down in mid-morning trading Tuesday, after a bad night in Asia. Here’s the scorecard: France’s CAC 40: -0.65% Germany’s DAX: -0.64% UK’s FTSE 100: -0.62% Spain’s IBEX: -0.67% Italy’s FTSE MIB: +0.21%, the only riser. Asian markets closed down too. Hong Kong’s Hang Seng ended the […]

REUTERS/Alkis konstantinidisAlexis Tsipras, opposition leader and head of radical leftist Syriza party, talks to reporters outside the parliament building after the last round of a presidential vote in Athens December 29, 2014. Greece is heading straight into a snap general election and it currently looks like radical leftists Syriza will come out on top. The latest Greek […]

The Russian economy took a serious beating following the western sanctions and the oil crash. The ruble plunged and inflation is way above target in the double digits.  On Monday, the Economy Ministry announced that the economy contracted for the first time since October 2009. And last week even the prime minister Medvedev expressed concerns that Russia might slide into […]