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March 9, 2007

Monetary Policy
Check out Menzie Chinn’s graph over at Econbrowser

In his most recent post, Menzie Chinn plots actual yields on ten-year benchmark Treasury bonds v. the rates predicted by an econometric model based on a series of relatively standard variables (the i…

September 30, 2005

Budget, Debt, and Deficits
Getting Serious About the Twin Deficits

Overview Twenty years ago, the United States was the world’s largest creditor nation, unsurpassed in its ownership of assets outside of its borders, even after deducting what foreigners owned insi…

March 19, 2007

China
A strange way to go about rebalancing China’s economy…

China now exports more than it imports – a lot more.   Even most American economist are starting to recognize that the “China runs a surplus with the US but its overall trade is balanced” argument is…

December 7, 2005

Economics
Gone (ice) fishing …

I will be away from my desk for the next week or so on a business trip.  I'll probably post a bit, modern communications and all.  But I doubt I'll post every day.    I suspect that a couple of the c…

September 29, 2005

United States
Budget and Current Account Deficits Jeopardize U.S. Influence, Warns Council Special Report

Hurricane Costs Exacerbate Problem and Underscore Need to Curtail Government Spending and Raise Tax RevenuesSeptember 29, 2005—The United States must confront the alarmingly high federal budget and c…