What's New

11 February 2016

Modern macroeconomics is based upon the false belief that the economy is essentially understandable and predictable. This leads to misguided policies. A column by William White. in Finanz und Wirtschaft - 5 February 2016

 

http://www.williamwhite.ca/content/simple-policy-lessons-embracing-%C2%ABcomplexity%C2%BB

3 February 2016

http://www.williamwhite.ca/content/william-whites-interview-abc-australia-rn-drive-patricia-karvelas

 

On 28 January 2016,  White joins RN Drive to explain where economic policy has gone wrong and also details an OECD crackdown on tax avoidance by multinational companies like Google and Apple.

25 January 2016

The global financial system has become dangerously unstable and faces an avalanche of bankruptcies that will test social and political stability, a leading monetary theorist has warned.

"The situation is worse than it was in 2007. Our macroeconomic ammunition to fight downturns is essentially all used up," said William White, the Swiss-based chairman of the OECD's review committee and former chief economist of the Bank for International Settlements (BIS).

http://www.williamwhite.ca/content/william-whites-interview-telegraph-am...

14 December 2015

"Our problems can only be resolved through actions taken by governments, not by central banks"

Article published for Finanz und Wirtschaft - 11 December 2015

http://www.williamwhite.ca/content/macro-prudential-policy-not-magic-bullet

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