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May 27, 2014

India
Hello, Narendra Modi: Prime Minister of India

India did not produce Horatio Alger, but it certainly has produced a Horatio-Alger story: Narendra Modi. Yesterday the son of a poor tea seller took the oath of office as India’s fourteenth (or fifte…

Modi-India-Prime-Minister

August 21, 2015

Elections and Voting
Campaign 2016: John Kasich, GOP Presidential Candidate

Ohio holds the title of “Mother of Presidents.” Eight of them were born, raised, or lived in Ohio at the time of their election. But the last president to hail from Ohio was Warren G. Harding, who wa…

hio Governor John Kasich formally announces his campaign for the 2016 Republican presidential nomination during a kickoff rally in Columbus, Ohio July 21, 2015.

April 9, 2007

Monetary Policy
What have the world’s central banks been up to? The latest Treasury survey provides some clues

I suspect I am one of a very small number of people who eagerly awaits the publication of the Treasury’s annual survey for foreign portfolio investment.     Wall Street doesn’t find it particularly u…

April 14, 2015

Politics and Government
Campaign 2016: Senator Marco Rubio, GOP Presidential Candidate

Long shots sometimes pay off. Just ask Senator Marco Rubio. He won his first race for political office at age 26 by beating an incumbent county commissioner. A year later he won a seat in Florida’s s…

Marco-Rubio

April 18, 2011

Politics and Government
Campaign 2012: Hello Rick Santorum, GOP Presidential Candidate

Rick Santorum speaks during the Iowa Faith & Freedom Coalition's Spring Event in Waukee, Iowa March 7, 2011. (Brian Frank/courtesy Reuters) Pennsylvania State University can claim many accomplishmen…

Rick Santorum speaks during the Iowa Faith & Freedom Coalition’s Spring Event in Waukee, Iowa March 7, 2011.