Tag: Debt

“If Something Cannot Go on Forever, It Will Stop“

| 1 April 2021
Fiscal, Monetary, Policy Briefs | Tags: Covid-19, Debt, Democracy, Environment, Financial Stability, Health Systems, Inequality, International Cooperation, Resilience
“If something cannot go on forever, it will stop.” This famous observation was made by Herb Stein, Senior Fellow at the American Enterprise Institute. It became famous largely because it was just that, obvious. Yet, what is no less obvious is that public policy is ... continue reading

Avoiding a Household Debt Crisis with a Targeted Policy Response

| 8 January 2021
Blog, Fiscal | Tags: Covid-19, Debt, Income Tax, Unemployment
The economic effect of the Covid-19 pandemic varies highly across industrial sectors, education levels and income groups, adding further to inequality across the globe. This calls for highly targeted policy responses for the sake of fiscal prudence and to avoid further economic and financial hardship ... continue reading

Is the United States Reneging on International Financial Standards?

| 20 April 2020
Blog, Monetary | Tags: Covid-19, Debt, Federal Reserve, Financial Regulation
The financial shock surrounding the COVID-19 pandemic has prompted the Federal Reserve to temporarily loosen an important capital-to-asset ratio requirement for US banks. In so doing, it is walking away from a decade-long commitment to global financial reforms forged in the wake of the global ... continue reading

Global Finance, Debt and Sustainability

3 October 2016, Zurich, Switzerland
Lectures, Monetary | Tags: Climate Change, Debt, Financial Regulation, Housing, Inequality
CEP Lecture by Adair Turner co-hosted with the IMF. Lord Turner has been a Senior Fellow at the Institute for New Economic Thinking since 2013, and in 2015 became Chairman of the Institute’s Governing Body. ... continue reading