Archive for August 17th, 2010

The global revival of industrial policy

August 17, 2010

The evergreen topic again. Economist has a nice discussion on the topic. It looks at recent instances which show a revival. In the end points to lessons:

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For Larry Summers, Milton Friedman was a devil figure in his youth

August 17, 2010

Continuing with the PBS series..

Larry Summers in this interview┬ádiscusses the battle of ideas, globalization and its backlash, the Asian financial crisis, and Clinton’s economic strategy.

First the topic of the post:

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Profile of Elizabeth Warren

August 17, 2010

There is a lot of controversy over something that you thought was settled. When The Frank-Dodd bill approved creation of – The Consumer Financial Protection Bureau – it was assumed that Elizabeth Warren will head the agency. After all, she was the brain behind the idea (see this paper). She was one of the few (non-economist though) who was ahead of the time and thought really well the problems we are seeing now.

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