Hints and tips:
...Just look at the work that the economists Carmen Reinhart and Kenneth Rogoff have done on this for evidence....
...However, Blanchard concedes that some credibility hit is likely....
...Over his time teaching at MIT Fischer helped nurture an incredible array of other leading economists, such as Kenneth Rogoff, Christy Romer, Olivier Blanchard, Paul Krugman, Maury Obstfeld, Nathan Sheets...
...When Olivier Blanchard was IMF chief economist in 2010, he argued that inflation targets should be raised to 4 per cent....
...Still it’s worth mentioning Summers’ and Blanchard’s view as neither are hawks....
...“This is what he can get done when he has razor-thin majorities to deal with,” says Professor Kenneth Rogoff of Harvard University....
...Kenneth Rogoff and Carmen Reinhart famously found that growth rates fall when debt reaches 90 per cent of gross domestic product....
...Kenneth Rogoff, a Harvard University professor, said: “A global recession seems baked in a cake at this point with odds over 90 per cent.”...
...“The issuance of debt without a later increase in taxes may well be feasible,” Prof Blanchard said....
...Former chief economist of the IMF Olivier Blanchard’s presidential address to the American Economic Association argued that the economics profession has over-estimated the cost to society of government debt...
...Many FT journalists love them: my former colleague and columnist Lucy Kellaway devoted an entire podcast last year to the wisdom of the Kenneth Blanchard and Spencer Johnson classic The One Minute Manager...
...Clearly, he did better than Kenneth Lay, Enron’s former chief: Lay died in 2006 of a heart attack while awaiting sentencing after being found guilty of fraud....
...In episode five, Helen Barrett, the FT’s Work and Careers editor, and FT columnists Andrew Hill and Lucy Kellaway, discuss ‘The One Minute Manager’ by Kenneth Blanchard and Spencer Johnson...
...Blanchard and Spencer Johnson; Sex and the Single Girl by Helen Gurley Brown; The Wisdom of Crowds: Why the Many Are Smarter than the Few by James Surowiecki....
...Bass-baritone Kenneth Kellogg, who looked the part of Griffith in his prime, sang with heartbreaking eloquence. Bass Arthur Woodley brought pathos to the older Griffith....
...A Krugman-Blanchard return to ‘depression economics’. A Rogoffian-Minskyite crisis of overleverage and debt overhang. A Summers secular-stagnation chronic crisis.”...
...The former Berkeley scholar has authored textbooks with Paul Krugman and Kenneth Rogoff, who hold opposite views on the vexed question of how quickly governments should seek to bring down sovereign debt...
...Trilemmas come to the fund Maurice Obstfeld has been named the new top economist of the International Monetary Fund, to succeed Olivier Blanchard....
...Indeed, Kenneth Rogoff, who held Mr Blanchard’s job from 2001 to 2003, has drawn attention to the deleterious effects of public debt on economic growth, which just goes to show that some of the advice you...
...(For further discussion about the Blanchard plan see here.) In any case, this leads Rogoff to the dreaded subject of how best to substitute paper cash for electronic cash....
...Whether the mistakes were sufficient to invalidate the conclusions was irrelevant to the fact that the advice from professors Carmen Reinhart and Kenneth Rogoff, that economic growth rates fell once public...
...Mr Osborne believes that the change of heart at the IMF on Britain reflects a power struggle within the fund between fiscal hawks and Keynesians, including Olivier Blanchard, chief economist, and David Lipton...
...Under the influence of Olivier Blanchard, chief economist, the fund has shifted towards more Keynesian views....
...Kenneth Rogoff and Carmen Reinhart, for all their arithmetical faults, warned that this would be the case, and it has been....
...Olivier Blanchard, the fund’s chief economist, recognised that the weak Chinese figures implied another downgrade to the growth outlook, but added: “For the moment the forecast is 8 per cent.”...
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