Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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October 23, 2012
Trade
A U.S.-China "Trade War": Time to Abolish a Silly Notion
I have a suggestion for everyone who writes about international trade: it is time to bury, once and for all, the concept of a “trade war.” The phrase is so ubiquitous that it will be awfully hard to …
February 14, 2017
China
How Serious Is the Threat to Global Financial Stability From a Border-Adjustment Tax?
Neil Irwin’s column on the border-adjustment tax spurred an interesting debate. Irwin notes that a 25 percent rise in the dollar (or even a somewhat smaller rise) would have an impact outside the Uni…
March 8, 2017
United States
The January U.S. Trade Data
Over the last year, U.S. import growth stalled. Capital goods imports did nothing—in part because of weakness in non-residential investment. And consumer goods imports were flat. That appears to hav…
February 13, 2013
New Website on the Speculation Debate
One of the most misunderstood topics in energy markets is the role speculation plays in them, and specifically how buying and selling by financial market participants affects market behavior. Public …
March 6, 2018
United States
How Will the U.S. Fund its Twin Deficits?
Will there be a mismatch between what the U.S. wants to sell (Treasuries) and what the world wants to buy?
