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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November 13, 2020
Climate Change
To Address Climate Change While Protecting Workers, the United States Needs a Border-Adjusted Carbon Tax
The only way to take effective and far-reaching action to combat climate change while also preserving American competitive advantage is the imposition of a carbon tax with border adjustments.
February 8, 2009
China
Is complaining about others’ protectionism protectionist?
Dr. Mankiw labels complaints about China’s practice of intervening in the market to hold its currency down protectionist. But Mankiw isn’t defending a world where governments do not intervene to sha…
August 5, 2007
Budget, Debt, and Deficits
Taxing the kings of private equity like the rest of us
Cheers to the New York Times, the Financial Times, the Economist, Charlie Rangel, Robert Rubin, Alan Blinder, Paul Krugman, Warren Buffet (I think it is implied here), Bill Gross, Greg Mankiw (extr…
April 6, 2008
Financial Markets
A RMB that isn’t appreciating cannot be killing you …
The premise of Joe Nocera’s New York Times story “Two factories, two firms” is logical enough: an appreciating RMB should hurt a low-end, cost-conscious textile exporter and help a higher-end manufac…
September 11, 2006
China
The Wall Street Journal (finally) takes note: Europe, not the US, explains the recent surge in China’s exports
I was tempted to title this blog “$18.8 billion more reasons for Tyler Cowen, Dan Drezner, Greg Mankiw and a host of others to think the RMB isn’t really undervalued.” But that would be a bit…