Detroit is one step closer to dealing with the scrum of creditors trying to wrest away the city’s few resources. Federal Judge Steven Rhodes’s ruling allows the city to proceed in Chapter Nine bankruptcy, meaning a resolution to the financial tug-of-war is on the horizon. The designation protects the city from other suits. The eventual payouts will be decided in one ... Read More
On the Newsstand:Economics
Zak Lutz sits down with Larry Summers, Harvard's Charles W. Eliot University Professor, to talk about big government, the debt crisis, climate change, and the recent Harvard cheating scandal.
President Obama nominated current Deputy Director of the National Economic Council Jason Furman to chair the Council of Economic Advisers at a press conference on Monday. If confirmed, Furman will replace the outgoing Alan Krueger, who is returning to teach at Princeton. Furman has advised the president since 2008 on major pieces of legislation and policy reform, including the 2009 ... Read More
On the geopolitical stakes of Sino-Russian cooperation.
The authors’ simplistically institutional and historical account ultimately falls short.
The best pitcher on the best team in baseball will sit out the rest of the regular season and the playoffs. And he's healthy.
Scott Brown tries to solve problems instead of throwing stones.
The HPR reports from a JFK Jr. Forum event with the PayPal co-founder and early Facebook investor.
Looking at the broader questions on the discipline and profession of economics.