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  • News & article

    Good statistics are crucial amid the pandemic

    Oped, Jeffrey Frankel, Published on 05/06/2021

    » 'There are three kinds of lies," Mark Twain famously wrote. "Lies, damned lies, and statistics." Too often, the Covid-19 crisis has lent support to the suspicions Twain's bon mot expresses.

  • News & article

    El Salvador's Bitcoin bet is a dangerous folly

    News, Jeffrey Frankel, Published on 30/09/2021

    » El Salvador this month became the first country to adopt a cryptocurrency -- in this case, Bitcoin -- as legal tender. I say the first, because others might follow. But they should think twice, because the idea is highly dubious -- and likely to be economically dangerous for developing countries in particular.

  • News & article

    Terms which misdefined 2020

    Oped, Jeffrey Frankel, Published on 01/01/2021

    » US President Donald Trump and the Covid-19 pandemic dominated the news headlines in 2020. Three terms, in particular, came to symbolise the year: "witch hunt", "black swan" and "exponential".

  • News & article

    The connection between Covid-19 and climate

    Oped, Jeffrey Frankel, Published on 02/10/2020

    » From early on in the Covid-19 pandemic, a common refrain has been, "At least maybe now we will get serious about addressing climate change." One can certainly see the logic behind this thinking. The terrible toll the pandemic has taken should remind us of the importance of three things that are also necessary to tackle global warming: science, public policy, and international cooperation.

  • News & article

    So what exactly's in a recession?

    Oped, Jeffrey Frankel, Published on 26/06/2020

    » On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research declared that economic activity in the United States had peaked in February 2020, formally marking the start of a recession. But we already knew that we were in a recession that had likely begun around that date. So, why does the NBER's formal declaration matter?

  • News & article

    Democrats no strangers to tariffs

    News, Jeffrey Frankel, Published on 15/06/2018

    » US President Donald Trump's aggressive approach to trade, which was on stark display at last week's G7 summit in Quebec, has elicited widespread derision. Critics point out that his tariffs hurt the domestic economy -- by raising costs for consumers and producers, and reducing foreign sales of farmers and other exporters -- while undermining America's relationships with its own allies. But there is one point that many observers get wrong: contrary to popular belief, Mr Trump's tariffs are not an unprecedented departure from historical Republican orthodoxy.

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