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October 4, 2024

United States
Election 2024: Where the Election Stands One Month Before Election Day

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: With polls showing a neck-and-neck race, both presidential campaigns are looking to turn out their …

Election workers in Philadelphia, Pennsylvania, scan ballots cast during the 2022 midterm election.

July 22, 2024

Economics
American Pharmaceutical Companies Aren’t Paying Any Tax in the United States

The Tax Cuts and Jobs Act (TCJA) has substantially reduced the domestic tax paid by American pharmaceutical giants. 

American Pharmaceutical Companies Aren’t Paying Any Tax in the United States

September 20, 2007

Economics
Trading up - Peking University’s Michael Pettis will be guest blogging here for a few days

There is an awful lot of interest going on in the world -- whether today's rise in long-term treasury yields, the dollar's new lows v the euro and Canadian dollar, the rise in Chinese money market ra…

September 27, 2024

United States
Election 2024: Are Americans Ready for Another Close Presidential Election?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: Election 2024 could produce another controversial and chaotic outcome that intensifies rather than …

Poll workers prepare setting up ballot boxes for the 2024 election.

December 8, 2015

Jennifer Harris: Don’t Underestimate the Importance of Forests in Paris

Deforestation is a critical source of carbon emissions that should not be overlooked in climate negotiations, argues Senior Fellow Jennifer Harris in this guest blog post. Her piece is part of our on…

June 24, 2024

Climate Change
Mobilizing Clean Energy Financing through the Multilateral Development Banks

A new paper published by the MIT Center for Energy and Environmental Policy Research (CEEPR) puts forward an ambitious agenda for innovation in clean energy finance.

Lending Increase Enabled by Proposals

June 21, 2006

United States
So, is Michael Mandel right? Did intangible income (dark matter) ride to the rescue in the first quarter, offsetting rising US debt?

As Michael Mandel has noted, the US income balance improved in the first quarter – contrary to the expectations of “pessimists” like me.  I would say “realists” – rising debt usually implies rising i…

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