Susan Ozawa

Congress out of session with a crisis on our hands? What can we do without passing legislation to address rampant fraud in processing foreclosures?

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.

The new consensus on international imbalance monitoring and surveillance reduces the problems associated with implementing effective development and growth strategies in the face of several political and economic constraints to a problem of imbalances that can be solved by minor adjustments.

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 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?

Many look at the American Recovery and Reinvestment Act as a victory for Keynesian economics and the progressive majority and as a down payment on fundamental investments we need in vital public services, infrastructure projects and programs that address the needs of the most vulnerable.