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Bryn Mawr College
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The Economist: Free Exchange

Economic pain, caused by Ukraine

TODAY Russia submitted its budget to the Duma, the lower house of the parliament. After three rounds of discussions, Vladimir Putin, the president, will sign it into law. The budget shows how much ...

Are more jobs low-paying?

THERE has been a widespread media narrative recently which says that the British labour market recovery has relied on low-paying jobs. We highlighted this trend, and its implications for tax revenu...

They let it happen

THE argument that American officials lacked the capability or authority to save Lehman Brothers—and, potentially, to spare the world the most wrenching financial crisis since the 1930s—never re...

The 'bond king' departs

THIS week: Bill Gross leaves PIMCO, trade deals in trouble and the rising US dollar 

Why is the Fed planning to fail?

THE members of the Federal Open Market Committee are not overly fond of being stuck at the zero lower bound (ZLB). Since December of 2008, the Fed's preferred policy lever, the federal funds rate, ...

Breathe deeply for the three of us

IN 1993 Vaughn Starnes, a Californian surgeon, performed an operation on a 13-year-old patient with cystic fibrosis, a disease that affects breathing. He removed one lung lobe from each of the pare...

Europe's rebalancing is not borne by Europe

While doing some research for an upcoming article, I checked on the evolution of current account imbalances since the recession and was struck by how China and Europe have traded places. China's su...

If you got it, stow it

EARLIER this week David Brooks, a conservative social commentator with a column at the New York Times, wrote a meandering and unconvincing column on the state of the world. He argued in the piece t...

No slip-ups

TODAY Mario Draghi, the president of the European Central Bank, visited Vilnius, the capital of Lithuania. Lithuania formally adopts the euro in 2015, becoming the 19th country to do so. (We will b...

Say it ain't so, Zhou

IN THE world of rumours, Zhou Xiaochuan, China’s central bank chief, has lost his job multiple times. First there was a 2007 reshuffle when he was pushed aside early in his tenure, sidelined to a...