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May 3, 2022

United States
James K. Galbraith: Can American-led Global Financial Capitalism Survive?

Trust in the U.S.-led economic and geopolitical order has been eroding. The Russian invasion of Ukraine and the U.S. response to it, whatever its merits, may be the last straw for the global monopoly…

G7 summit in Brussels

September 13, 2011

U.S. College Education Blues

A Boston College student at his graduation. (Brian Snyder/courtesy Reuters) Today’s Washington Post has two troubling stories that touch on the future of American competitiveness. One story covers a…

Political science major Paul Fabsik wears a price tag hanging from his mortarboard estimating the cost of his education during commencement ceremonies at Boston College in Newton, Massachusetts on May 24th. The annual undergraduate tuition at Boston College is $29,839, including room and board. (Brian Snyder/courtesy Reuters)

December 2, 2011

Friday File: Does the United States Matter Less?

A shrimp boat trawling near the mouth of the Atchafalaya River near Morgan City, Louisiana. (Sean Gardner/courtesy Reuters) Above the Fold. I had the good fortune to spend the last two days at a con…

A shrimp boat trawls near healthy marsh, bayous and water ways east of the mouth of the Atchafalaya River near Morgan City, Louisiana April 20, 2011. When BP’s Deepwater Horizon oil rig exploded and sank in the Gulf of Mexico last April, killing 11 workers, authorities first reported that no crude was leaking into the ocean. They were wrong. One year on, oil from the largest spill in U.S. history clogs wetlands, pollutes the ocean and endangers wildlife, not to mention the toll it has inflicted on the coastal economies of Florida, Mississippi, Alabama and especially Louisiana. REUTERS/Sean Gardner (UNITED STATES - Tags: DISASTER ENVIRONMENT BUSINESS ENERGY)

March 4, 2011

Elections and Voting
Campaign 2012: Hello Newt Gingrich, GOP Presidential Candidate?

Newt Gingrich addresses the 38th annual Conservative Political Action Conference in Washington. (Larry Downing/courtesy Reuters) Someone had to go first. So Newt Gingrich did. While the other major …

Newt Gingrich addresses the 38th annual CPAC meeting in Washington

May 27, 2005

United States
Bretton Woods Two and Trade Politics

The interest rate on the 10 year Treasury note is somewhere between 4.0-4.1% -- and the US seems to be having no trouble financing its current account (or its budget) deficit right now. The risk of…