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Harold James
By Harold James - Dec 07,2021
PRINCETON — One clear lesson from last month’s damp squib of a climate summit in Glasgow is that multilateralism is difficult to pull off. This has always been the case.
By Harold James - Nov 08,2021
PRINCETON — Economic and financial policymaking tends to move like a pendulum. Euphoria about the potential of government action is usually followed by backlash, disillusion and lowered ambitions. “Can-do” rhetoric gives way to “mustn’t-do” restrictions and rules.
By Harold James - Oct 04,2021
PRINCETON — The razor-thin outcome of the German election marks a watershed in the history of the Federal Republic, signaling the final disintegration of the near-two-party system that long characterised the politics of West Germany and then of reunified Germany after 1990.Togeth
By Harold James - Sep 05,2021
PRINCETON — This year includes big anniversaries in the history of the international monetary order.
By Harold James - Aug 02,2021
PRINCETON — We are approaching the 50th anniversary of the so-called Nixon Shock, one the most decisive ruptures in monetary history. On August 15, 1971, US president Richard Nixon announced in a televised address that he was “closing the gold window”.
By Harold James - Jul 05,2021
PRINCETON — Any hope that Donald Trump’s messy departure from the White House would at least restore a modicum of calm to the world must now be discounted.
By Harold James - Jun 05,2021
PRINCETON — In response to recent concerns about resurgent inflation, US policymakers deny that there is any threat and insist that expectations are “well anchored”.
By Harold James - May 09,2021
PRINCETON — The collapse of Greensill Capital, a London-based financial services firm, offers a timely but costly warning about a number of contemporary trends. Clearly, we should be wary of the hype around financial innovation.
By Harold James - Apr 07,2021
BERLIN — German Chancellor Angela Merkel’s hasty revocation of a hastily announced Easter lockdown was surprising, even shocking, given her ever-calm demeanor. Even more extraordinary was the apology she issued to parliament: “The mistake is mine and mine alone.
By Harold James - Jan 05,2021
PRINCETON — Political systems live on competition. Political incumbents and aspirants are constantly claiming that they can manage problems better than their rivals can.



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