Bail-ins will spook depositors and create more crisis.

In No Way Out: Persistent Government Interventions in the Great Contraction, editor Vincent R. Reinhart brings together an array of professional and academic authors to generate a narrative of the 2007–08 financial crisis, its causes, and likely recurrences.

Historic experience suggests that bad economic times all too often spawn beggar-my-neighbor policies. Sadly, the global economy is already facing difficult economic times. And there is every reason to expect that those bad economic times will get materially worse in the years that lie immediately ahead.

Letter to the Editor

Despite having barely recovered from the Great Economic Recession in 2008-2009, the Spanish economy has again dipped decisively into economic recession.

When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.

In today's global economy, countries constantly compete for corporations' research activities. U.S. tax policy lags behind many countries in attracting firms' R&D centers. With the increased mobility of research and intellectual property, this conference will focus on how countries should tax innovative, answering important questions for countries seeking to promote economic growth.