Susan Ozawa

A central property of financial capitalism is that price discrepancies will be exploited for profit. This is called arbitrage. It’s an old concept but one that several of our elected representatives seem not to understand.

Leading economists gathered at an EPI event today to discuss our trade deficit and labor problems caused by our imbalance with China. The conversation centered around how this imbalance can be solved by compelling China to appreciate its currency.

Leading economists gathered at an EPI event today to discuss our trade deficit and labor problems caused by our imbalance with China. The conversation centered around how this imbalance can be solved by compelling China to appreciate its currency.

The new consensus on international imbalance monitoring/surveillance attempts to reduce the problems associated with the country-specific development and growth model in the face of economic hegemony on the one hand and export-orientation of developing nations on the other to a problem of imbalances that can be solved by minor transparency gains, less regulatory arbitrage among lax structures and

The G8 countries committed $20 billion in aid to address global hunger and promote more productive farming in the world's poorest countries this July in L’Aquila, Italy. Major commitments came from the United States and Japan.

Isn’t it funny how the Obama administration outlined very rough principles for congress to hash out in designing the energy bill and health care reform while for financial regulation congress received an explicit outline of the entire structure down to the letter and now Treasury Secretary Timothy Geithner is rounding up the heads of the regulatory agencies and