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January 25, 2013

United States
You Might Have Missed: Drones, Cyber, and Mythologies of Intervention

Jill Lepore, “How Much Military is Enough?” New Yorker, January 28, 2013. Veit Medick, “Germany Plans to Deploy Armed Drones,” Spiegel Online International, January 25, 2013. Bowing to pressure f…

Drone takeoff
Blog Post by Micah Zenko Politics, Power, and Preventive Action

April 19, 2006

United States
You can not put dark matter in a container …

So says Michael Mandel.   Some of us might say you can't put dark matter in a container because it doesn't really exist.That is not Mandel's argument.  He believes in dark matter, though apparently n…

Blog Post by Brad W. Setser Follow the Money

July 19, 2009

United States
Don’t ignore the adjustment that has taken place; the US trade deficit is half its size this time last year …

Most reporting on the May trade data tried to fit it into the “green shoots” meta-narrative, thanks to the small uptick in exports. Never mind that total exports were about equal to their level in …

trade-may-09-12
Blog Post by Brad W. Setser Follow the Money

June 30, 2006

United States
DeLong is right. If the US wants to end up like Australia, US trade deficit needs to fall - unless foreigners continue to do terribly on their investments in the US.

As Brad Delong notes, the big difference between the United States and Australia is that the United States has a  trade and transfers deficit of close to 7% of GDP.    That implies – assuming the sto…

us_net_international_invest
Blog Post by Brad W. Setser Follow the Money

April 10, 2006

China
A shortage of labor in coastal China is a good thing

Unless, I suspect, if you are a Hong Kond textile magnate.  I don't entirely agree with Stephen Roach's argument that the US should thank China for its cheap financing so long as the US doesn't save…

Blog Post by Brad W. Setser Follow the Money