This article was published on the op-ed page of the Financial Times on 18 February 2018
https://www.ft.com/content/e1dc1286-0ccb-11e8-bacb-2958fde95e5e
18
Apr
2018
12
Apr
2018
BoE-HKMA-IMF Conference on Monetary, Financial and Regulatory Policy in the Post-Crisis World
This article was co-authored with others and constitutes an official version of the conference proceedings. William White gave his personal summary at the end of the meeting, and his comments can be found on this website under Presentations.
https://www.bankofengland.co.uk/quarterly-bulletin/2018/2018-q1/boe-hkma-imf-conference
12
Apr
2018
Are We at Risk of a Global Straightjacket?
This article was published in the spring 2017 edition of “The International Economy”.
It is argued that global non-financial debt levels (public plus private)are now so high they constitute a kind of “debt trap” for monetary policy. Interest rates must be raised to prevent debt levels from rising further, but cannot be raised without triggering another crisis that we all wish to avoid. It is imperative to take measures to prevent a disorderly restructuring or repudiation of debts that can not be serviced at higher interest rates.
InternationalEconomyDebtTrap
12
Apr
2018
Interview with Ambrose Evans Pritchard in “The Daily Telegraph” (UK)
12
Apr
2018
Interview with Jasper Vekeman in “Trends” a Flemish (Belgian) Magazine
12
Apr
2018
Conducting Monetary Policy in a Complex Adaptive Economy
This video records William White’s presentation to MA students in the EPOG program on 16 January 2018 in Paris.
12
Apr
2018
Video of AEI conference on “The Bubble Economy: Is This Time Different?”
This video includes William White’s presentation at an American Enterprise Institute conference in Washington on 14 February 2018. Mr White’s remarks begin about one hour after the start, which featured a presentation by Alan Greenspan.
12
Apr
2018
The Dangerous Delusion of Price Stability
This article was published by Project Syndicate on 14 December 2017. Making near term price stability the objective of monetary policy is dangerous because of the unintended consequences of pursuing it, and it is delusional because it often (given supply side shocks) should not be pursued in the first place.
12
Apr
2018
Global Economic and Financial Situation Worse Than 2007
William White was intervewed by Bloomberg on 13 September 2017 in Hong Kong. He gave his views about prospective global economic and financial development and the risks that continued to build up, not least debt.
12
Apr
2018
The Evolution of Financial Regulation: Sufficient Change to Avoid Systemic Crises?
This presentation was made at a conference in Switzerland, organized as part of the debate in preperation for a popular referendum on the adoption of a “narrow money” proposal. My presentation made the case for thinking more radically about system reform than has been done to date.
GDIUliKortschZurichPDF