Topic: Kenneth Rogoff

EU austerity hawks shrug off criticism of flawed academic paper

Despite a new paper detailing flaws in the Rogoff-Reinhart study that has been used to argue in favor of austerity policies, Europe's austerity advocates are holding course.

Is Europe witnessing 'the end of the dogma of austerity'?

France's finance minister said so this week, just the latest in a growing chorus calling for a change to Brussels' hardline adherence to budget cuts as the solution to Europe's debt crisis.

Robert Reich Public debt and economic growth

If slow growth makes debt burdens larger, Reich writes, government should be fueling growth through, say, spending more – at least in the short run. 

The Daily Reckoning Is education really a worthy investment?

Contemporary education is a dead end. Huge amounts of money — public, private, charitable, debt, savings, earnings — are invested. The output is small, dubious and perhaps even negative.

European debt crisis: Seven basics you need to know

Will this crisis ever be over?! The nations of the eurozone seem to be fighting endless battles to address fears about government finances. The worry is that unsustainable national debt loads will result in default, a financial panic, or a costly repair effort that puts a squeeze on the economy in Europe and beyond. Here's a backgrounder on the problem, its consequences, and possible ways forward.

What happens if Congress doesn't rein in national debt?

With the national debt at 90% of gross domestic product, the US could face a crisis if creditors raise interest rates, experts say.

Slow decade ahead for US, not a lost one

US economy won't endure a 'lost decade' the way Japan did.

Economy stuck? Print money. Watch out.

Central bankers have faced today's crisis before. But their new weapon, quantitative easing, could make the mess worse.

World debt crisis: eight reasons you should care

As the world starts to focus on its debt crisis, Greece's financial woes may presage problems to come in Europe and the United States – with implications for your bank account and stock portfolio.

Opinion: US fiscal time bomb is about to explode. Here's how to defuse it.

The bad news is that Washington has to make hard choices now to avert disaster. The good news is that some members of Congress are showing real political courage.

Opinion: 'Tea party' founder: Why our movement will succeed -- and why it's good for America

A cofounder of the St. Louis Tea Party lays out his vision for a better America.

Investing in India: News and forecasts for the long haul

There are good reasons to believe in India's long-term growth potential.

An 800-year history lesson: big debts, long recovery

Do indebted nations need their own Ash Wednesday, Lent?

After years of overspending, Greece and other heavily indebted nations need the sacrifice and budget discipline symbolized by Ash Wednesday and Lent.

Fed's outlook brightens. Is deflation still a threat?

Fed eyes moves against deflation

With consumer prices expected to fall further, economic recovery might be tougher to achieve.

Who advises candidates on economic crisis?

Both pick mainstream experts, but Obama’s are more interventionist.

Can U.S. avert a Japan-style economic bust?

Similar crises have hit other nations, but Sweden bounced back far faster than Japan.