Simon Johnson
Simon Johnson's Latest Articles | 101
Economic Donkeys
Early in the First World War, British generals decided to attack German trenches with an initial light bombardment, followed by infantry walking in close order across... Read »
The Forthcoming G20, IMF Meetings: What To Expect?
As we wade through a long line of international economic meetings – G20 ministers of finance last week, G20 heads of government in Pittsburgh coming up, IMF-World... Read »
Don’t Kill the Goose that Laid the Golden Egg
As the Lehman anniversary approaches, defenders of the financial sector struggle into position – partly in response to your comments (also here). They offer three... Read »
Is Modern Finance More Like Electricity or Junk Food?
Is modern finance more like electricity or junk food? This is, of course, the big question of the day. If most of finance as currently organized is a form of electricity,... Read »
Which Bernanke? Whose Bubble?
Ben Bernanke will be nominated for a second term as chairman of the Federal Reserve. But which Bernanke are we getting? There are at least three. The Bernanke... Read »
Waiting for the Fed’s Next Apology
In November 2002, Ben Bernanke apologized – for the Fed’s role in causing the Great Depression of the 1930s. “I would like to say to Milton [Friedman] and... Read »
Richard Parsons’s Portfolio
According to Bloomberg, Richard Parsons – the chair of Citigroup (NYSE:C) since February – now owns stock in the company worth, at yesterday’s close, about... Read »
It’s About Productivity and Rent-Seeking
The usual concern about the US-China balance of economic and political power is couched in terms of our relative international payments positions. We’ve run... Read »
Credit Conditions in the Absence of Consumer Protection
Even some of our most sophisticated commentators doubt a link between consumer protection and any macroeconomic outcomes. Consumer protection, in this view, is... Read »
How to Blow a Bubble
Matt Taibbi has rightly directed our attention towards the talent, organization, and power that together produce damaging (for us) yet profitable (for a few) bubbles.... Read »







