Archive for Christopher Lingle

Christopher Lingle is visiting professor of economics at Universidad Francisco Marroquin in Guatemala and research fellow at the Centre for Civil Society in New Delhi.

Quantitative Easing Forever?

Despite assertions that it has ended its policy of quantitative easing (QE), the Fed is unlikely to be able to do so until it also ends its zero-interest-rate policy (ZIRP). This deadly policy duo has had terrible consequences for the American economy and every country using U.S. dollars. It is as though the Fed were [...]

26Oct2011 | Christopher Lingle | 1 comment | Continued

Quantitative Easing Forever?

In the end both quantitative easing and the zero-interest-rate policy have been ineffective in restoring economic vitality while also creating a massive overhang of repressed inflation.

10Aug2011 | Christopher Lingle | 7 comments | Continued

The Threat Is in the Spending

The lack of a plan to control government spending poses a much greater threat to America’s credit standing than uncertainty over whether the debt limit will be raised.

6Jul2011 | Christopher Lingle | 22 comments | Continued

The Roaring Nineties: A New History of the World’s Most Prosperous Decade

In an earlier book, Globalization and Its Discontents, Joseph E. Stiglitz argued that globalization was the tool of moneyed interests and was promoted by free-market ideologues. He conjured up the International Monetary Fund (IMF) as a straw man for these interests on whose behalf it caused great suffering among the people of Indonesia, Thailand, and [...]

8Jul2010 | Christopher Lingle | 0 comments | Continued

Why Are Golden Arches Lightning Rods?

It is obvious that anti-globalization forces suffer from a myopic fixation on symbols rather than offering arguments based on substance. The clearest evidence of this is the widespread attacks on McDonald’s outlets and other iconic symbols of Americana. Perhaps these protesters have poor powers of observation or simply lack fertile imaginations to seek out some [...]

25Jun2010 | Christopher Lingle | 1 comment | Continued

Casualties of the War on Poverty

Newspapers around the world recently carried a news item that seems to be a damning indictment of the U.S. government and the American people. The 2005 U.S. Census indicates that the percentage of poor Americans living in “severe” poverty was at a 32-year high.  This put the proportion of poor people in deep poverty at [...]

1Dec2007 | Christopher Lingle | 0 comments | Continued

Export-Led Recovery, Multipliers, and Other Fanciful Notions

Christopher Lingle is senior fellow at the Centre for Civil Society in New Delhi and visiting professor of economics at Universidad Francisco Marroquín, Guatemala. Many developing and emerging market economies are struggling to keep their economic growth rates high enough to raise local standards of living. Moreover, many governments responded to lagging economic conditions by [...]

1Oct2006 | Christopher Lingle | 1 comment | Continued

Higher CO2, More Global Warming, and Less Extinction?

Christopher Lingle is a professor of economics at Universidad Francisco Marroquín in Guatemala and adjunct scholar at the Centre for Civil Society in New Delhi. It is widely believed that humans exert a harmful impact on the natural environment, especially when it comes to releasing greenhouse gases into the atmosphere. And so there is some [...]

1Sep2004 | Christopher Lingle | 0 comments | Continued

Global Warming: Extreme Weather or Extreme Prejudice?

Christopher Lingle is professor of economics at Universidad Francisco Marroquín in Guatemala and global strategist for eConoLytics.com. Extreme weather is making headlines. Record summer temperatures in Europe and a large number of heat-related deaths in India joined news about severe flooding in Bangladesh, China, and Sri Lanka. And an unusual number of tornados in the [...]

1Nov2003 | Christopher Lingle | 4 comments | Continued

Does Prosperity Depend on Education?

Christopher Lingle is professor of economics at Universidad Francisco Marroquín in Guatemala and global strategist for eConoLytics.com. New Delhi, India—It has become an article of faith that economic progress depends on having an educated citizenry. A corollary is often attached, requiring governments to provide resources to meet this end. However, like so many self-evident truths, [...]

1May2003 | Christopher Lingle | 1 comment | Continued

The Return of the Keynesians

The Keynesians are back. After laying low in recent years, they are promoting their interventionist plans once again. Take Joseph Stiglitz, for example. He apparently waited until he gained the credibility of sharing the Nobel Prize in Economics in 2001 to become an unabashed cheerleader for Keynesian economics. Such a universally recognized accolade allowed him [...]

1Mar2003 | Christopher Lingle | 2 comments | Continued

Indian Socialism Breeds Sectarianism

In a classic case of deflecting blame for their own shortcomings, politicians in India have identified the size of the population as the country’s biggest problem. This disingenuous position was stated in a unanimous resolution issued by the Indian parliament in 1997 on the 50th anniversary of independence. It is hard to imagine a more [...]

1Dec2002 | Christopher Lingle | 1 comment | Continued

The Inhumanity of Population Control

Once again the Bush administration has come under fire for a decision that runs counter to conventional wisdom. Undeterred by widespread denunciations after opposing the Kyoto Protocol, it announced that funds appropriated by Congress to the United Nations Population Fund (UNFPA) would be cut back. With all the hue and cry about the dangers of [...]

1Aug2002 | Christopher Lingle | 2 comments | Continued

China’s Peasants Suffer Under Apartheid

China operates an apartheid system that divides its citizens into separate worlds according to whether they were born in rural or urban areas. After reforms in South Africa and the collapse of the Soviet Union, few other countries have residency controls. While world opinion rightly denounced apartheid in South Africa, few complaints were registered against [...]

1Jun2002 | Christopher Lingle | 2 comments | Continued

The Perils of Populism

Populist policies that promote divisions between rich and poor sow the seeds of social instability and economic destruction. Zimbabwe’s economic crisis and recent demonstrations can be traced directly to the rhetoric of populism used by the current government. In the first instance, basing public policy on populism creates false expectations among the poor that cannot [...]

1May2002 | Christopher Lingle | 1 comment | Continued

Beijing Erodes Hong Kong’s Laissez Faire

While the rest of the world is debating the terms under which they might engage China, authorities in Beijing are busy trampling on its agreement with the British over Hong Kong’s return to Chinese sovereignty. In the handover agreement, both parties agreed on Hong Kong’s mini-constitution, the Basic Law, as a document that provided assurances [...]

1Mar2002 | Christopher Lingle | 0 comments | Continued

Putting a Human Face on Globalization

Globalization is a much-maligned phenomenon. Environmentalists portray increased global economic growth as anathema to their goals. and their anti-capitalist allies assail multinational corporations for plundering less-developed regions of the world and exploiting workers. Ironically, these same issues have been raised in similar debates that raged over the past several decades. Neither evidence nor the overwhelming [...]

1Feb2002 | Christopher Lingle | 1 comment | Continued
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