Please pick Kassebaum-Baker rather than Brownback. Kassebaum is sort of like the Christine Todd Whitman of Kansas politics; Brownback is more the Rick Santorum. I suspect that Brownback won’t get t…

Altogether, the circumstances seem to be as dangerous and intractable as any I can remember, and I can remember quite a lot. What really concerns me is that there seems to be so little willingness o…

China is on track to add between $250 and $300 billion to its reserves this year. That is a lot of money. Enough to have an impact on global bond markets. Enough to buy several oil companies. As…

I am a big fan of Robert (Bob) Rubin, so if I cannot be Brad, Bob is not a bad second choice. The US has racked up a deficit of around $2,247bn (€1,821bn, £1,260bn) since 2001 without suffering …

The world has too many currencies.   The dollar is too good a currency not to be shared.    The US has a clear comparative advantage in central banking.   National pride - and a desire to maintain "m…