Monthly Archives: September 2010

Mr President, With hopes of a V- or U-shaped recovery fading, there is the increasing prospect of an L-shaped future of long stagnation, or even a W-shaped future in which W stands for something worse. The reason for this dismal outlook is economic policy is trapped by failed conventional thinking that can only deliver wage stagnation and prolonged mass unemployment. Read more

Shankar Acharya

Just over 18 months ago, Barack Obama became the first African American man to be sworn in as president of the US, after having won the Democratic party’s nomination in June 2008 and then having convincingly defeated his Republican opponent, John McCain, in the November election Read more