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 discusses 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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