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Will the next financial crisis come as a stranger?

WASHINGTON – The news is better than you might think. A decade after the onset of the 2008-09 global financial crisis – an event usually dated to the bankruptcy of Lehman Bros. – ...

Samuelson: Could Lehman Brothers have been saved?

WASHINGTON – Who lost Lehman Brothers? As we approach the 10th anniversary of Lehman’s collapse (Sept. 15), these questions won’t go away. The Lehman bankruptcy is portrayed as th...

Samuelson: Welcome to the age of malware

WASHINGTON — Welcome to the Age of Malware. It promises to be a huge downer and, possibly, a great tragedy. For years, we have regarded personal computers, the internet, smartphon...

Samuelson: Productivity boom? Think again

WASHINGTON — Let’s travel back in time to 1995. Most Americans still remembered the calamitous inflation of the late 1970s (prices rose 13 percent in 1979). Many federal benefits, including ...

Trade wars and the $247 trillion global debt bomb

WASHINGTON – The untold story of the world economy – so far at least – is the potentially explosive interaction between the spreading trade war and the overhang of global debt, estimated at ...

Samuelson: Neo-isolationist policies won’t work in this era

WASHINGTON – On this July Fourth, America has taken a turn for the worst. The great delusion of Donald Trump’s presidency is that we can thrive by embracing nationalism even though major eco...

Current crisis in Italy threatens global economy

WASHINGTON – If you’re nostalgic for the 2008-09 financial crisis, you can cheer up. Another debacle may be on its way. Its epicenter would be Italy, which may threaten the rest of the world...

Our new capitalism strikingly resembles the old

WASHINGTON – We flatter ourselves into thinking that we live in a time of exceptional economic upheaval. The truth is that the present resembles the past. What we learned – and forget – is t...

Samuelson: Children versus grandparents

WASHINGTON – To those paying attention, the recent strikes for higher teachers’ pay in West Virginia and Oklahoma are a harbinger of things to come. You can attribute the strikes to the stin...

Samuelson: Why fossil fuels survive

WASHINGTON – Anyone who tells you that dealing with climate change is simply a matter of sweeping away the obstructionism of oil companies is living in a dream world. The real obstacle is us...

Samuelson: China and the global race for new technology

WASHINGTON – The National Science Foundation and the National Science Board have just released their biennial “Science & Engineering Indicators,” a voluminous document describing the state o...

Trump’s take on trade may well lead to dead end

WASHINGTON – Most Americans likely think that our trade policies have been largely the same since the Republic’s earliest days. The assumptions are that we’re free traders now an...