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Harold James
By Harold James - Oct 22,2022
PRINCETON — The resignation of Liz Truss, the United Kingdom’s shortest-serving prime minister, completes a powerful case study of how not to make fiscal policy.
By Harold James - Sep 26,2022
PRINCETON — New Yorkers have come to expect traffic chaos when the United Nations General Assembly meets every September. But this year, there is also paralysing congestion in the minds of the attendees.
By Harold James - Sep 22,2022
PRINCETON — The Conservative Party contest to succeed Boris Johnson as prime minister of the United Kingdom has touched on a principal component of modern political economy: Central banks.
By Harold James - Sep 04,2022
PRINCETON — On July 26, 2012, the European Central Bank’s (ECB) relatively new president, Mario Draghi, famously declared that, “the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough”.
By Harold James - Jul 27,2022
PRINCETON — Rich Western industrialised countries appear to be caught in a time loop, with unexpectedly higher inflation bringing back not just memories of the 1970s but also that era’s policy debates and the political insecurities.
By Harold James - Jun 01,2022
PRINCETON — Russia’s attack on Ukraine is coming to resemble many previous geopolitical crises. Throughout history, episodes that initially seemed like temporary disruptions have become prolonged affairs.
By Harold James - Apr 30,2022
PRINCETON — Russia’s invasion of Ukraine has challenged the international order, but so has the response from large industrial countries.
By Harold James - Jan 03,2022
PRINCETON — Historian Samuel Huntington’s famous thesis that the post-Cold War world would be defined by a “clash of civilisations” turned out to be quite wrong.
By Harold James - Dec 07,2021
PRINCETON — One clear lesson from last month’s damp squib of a climate summit in Glasgow is that multilateralism is difficult to pull off. This has always been the case.
By Harold James - Nov 08,2021
PRINCETON — Economic and financial policymaking tends to move like a pendulum. Euphoria about the potential of government action is usually followed by backlash, disillusion and lowered ambitions. “Can-do” rhetoric gives way to “mustn’t-do” restrictions and rules.