World Economy Economic Theory

  • LONDON, Jan 23- Britain's government on Monday unveiled a new interventionist approach to rebalance its heavily services-based economy for the post-Brexit era, in a break with traditional Conservative laissez-faire economic policy. Prime Minister Theresa May's "Modern Industrial Strategy" demands closer collaboration in key industries in exchange for...

  • Andrew Haldane, the Bank of England's Chief Economist and Executive Director, Monetary Analysis & Statistics

    The Bank of England's Chief Economist bemoaned forecasting models to foresee the financial crash and the Brexit vote.

  • We need a new wave of innovation: Economist

    Carl Weinberg, chief economist and managing director at High Frequency Economics, argues for new investments to get economies to return to growth.

  • Yellen: Economy is continuing to improve

    Federal Reserve Chair Janet Yellen speaks at Harvard University's Radcliffe Day about the state of the U.S. economy and interest rates.

  • Yellen speaks at Harvard

    Federal Reserve Chair Janet Yellen speaks at Harvard University's Radcliffe Day about becoming an economist.

  • One veteran strategist told CNBC that central banks’ adoption of negative rates was “meaningless” for the foreign exchange markets.

  • Santelli Exchange: The slowdown in productivity & growth

    CNBC's Rick Santelli discusses the U.S. economy and his own metrics for measuring it with Mark Skousen, Chapman University Economics Professor.

  • Something not right with market structure: CEO

    Chris Watling, CEO of Longview Economics, talks about some of the possible reasons for Monday's flash crash.

  • We're going to see some big gains: Pro

    Tom Lee, Fundstrat Global Advisors, discusses his bullish outlook on the markets.

  • New, disruptive technologies can make existing products and industries irrelevant faster than ever, but measuring the economic impact is also tougher.

  • ECB QE to take the pressure off?

    Morgan Stanley analysts say an ECB QE program won't be introduced until March. Ian Stannard, head of European FX strategy at Morgan Stanley, discusses the issue further.

  • Krueger defends economic theory

    CNBC's Steve Liesman talks with Alan Krueger, Princeton University professor about the impact of long-term unemployment on the U.S. economy. This has been a long-running dispute within the economic profession and time will tell, says Krueger.

  • Barry Knapp on the 'One Percent'

    Barry Knapp, Barclays U.S. Equity Portfolio strategy head, discusses wealth distribution and the Wall Street Journal op-ed "The Truth About the One Percent."

  • Storms slam insurers & economy: Pro

    The Weather Channel's Paul Walsh and CNBC's Steve Liesman look at implications winter weather has on the economy.

  • Remembering Milton Friedman

    Robert Enlow, Friedman Foundation president & CEO, discusses the famed economist's influence on monetary policy and legacy of free-market economics.

  • Carlos Slim's Philosophy on Wealth

    Carlos Slim, one of the world¿s richest men, sheds light on his philosophy on wealth by reading poetry in Spanish from Kahlil Gibran¿s ¿The Prophet.¿

  • The Art of Limited Government: Expert

    Arthur Brooks, American Enterprise Institute president, discusses how to keep America great through free enterprise and social entrepreneurship.

  • Nonpartisan Tax Report Withdrawn After GOP Protest

    The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.  The New York Times reports.

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    Markit has just begun to put out what it calls a “flash” estimate of U.S. manufacturing activity — that is, an early glimpse of the Institute for Supply Management’s closely watched monthly gauge. The ISM’s gauge is not a measure of actual production but rather a sentiment gauge of purchasing managers in the sector (hence “PMI,” which is shorthand for “Purchasing Managers Index”).

  • Sports fans hold strong opinions about which pro basketball players deserve their massive salaries, and which ones don’t. One fan, however, has gone further than the average barstool commentator --- Southern Utah University economics professor David Berri. Berri is co-author of the 2006 book “The Wages of Wins,” which determines which players are overpaid with a statistical method called "Wins Produced" that he and his co-authors developed.According to Berri, NBA players are paid for high scorin

    Sports fans hold strong opinions about basketball salaries, but economics professor David Berri developed a statistical method to see which players are the most overpaid.