Professor of European Political Economy at the London School of Economics, Willem Buiter, writes at the Financial Times: I used to be optimistic about the capacity of our political leaders and central bankers to avoid the policy mistakes that could turn the current global recession into a deep and lasting …
During the height of the Monica Lewinsky scandal, President Bill Clinton mastered the art of burying bad news: release everything late on Friday afternoon and hope everyone in Washington forgets about it by Monday. Only one week into his presidency it is clear that President Barack Obama is equally adept …
