Nine items of the day, April 16, 2015

Reading Time:

  1. Two conversations (though not a dialogue) happened across the street at Brookings. Schauble spoke first, then Varoufakis.
  1. Two PIIE events from today, videos are already up:
  1. Renzi is also in D.C. and says Improving Tax System Is Priority for Italy

  2. Samantha St. Amand: What lessons have we learned from the euro crisis?

  3. The Piketty theory controversy

  4. Very much related-- David Byrne and Eugenio Pinto: The recent slowdown in high-tech equipment price declines and some implications for business investment and labor productivity; FEDS Note

  5. Carola Binder: On Bernanke and Citadel (via @ClaudiaSahm)

  6. Thomas Melia: Out of the Abyss: Anders Åslund Sees Hope for Ukrainian Economy

No fewer than ten IMF programs have tried to help Ukraine since 1994, but not one was completed. The culprits were hesitation, fecklessness, infighting, and crude self-enrichment by Ukrainian leaders."

9: One way to make an analogy:

And yet: "[k]ey congressional leaders agreed Thursday on legislation to give President Obama special authority to finish negotiating one of the world’s largest trade accords, starting a rare battle that aligns the president with Republicans against a broad coalition of Democrats." (NYT)

Four China items: April 15, 2015

1: Li Keqiang praises the institutions that many others increasingly descrive as "losing relevance". From the FT interview: “We gained advanced experience from working...

Three conversations on the future of Europe

Conversation 1: Jeroen Dijsselbloem, President of the Eurogroup In response to a question from Fred Bergsten about German surpluses, Dijsselbloem said that Northern European countries do...