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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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August 30, 2005
Economics
Rubin doctrine of international finance v. Greenspan doctrine …
The Rubin doctrine of international finance (From In an Uncertain World):1. The only certainty in life is that nothing is ever certain.2. Markets are good, but they are not the solution to all proble…
September 6, 2005
Capital Flows
Is Iraq an economic success? (What is Patrick Clawson thinking?)
I think it is fair to say that I see the world - and Iraq's economy -- very differently than Patrick Clawson. Clawson argues in the New Republic that Iraq currently is financing most of its own reco…
October 2, 2005
Capital Flows
A consequence of saying no to China’s (oops, CNOOC’s) bid for Unocal?
Or just the natural result of expectations that China's demand for imported energy will soar in the future? Probably a bit of both. China clearly has no particular desire to export democracy, or ev…
November 26, 2005
Economics
Kansas is flat, the world is not …
To paraphrase the New Economist, the Financial Times must think the world is flat. They just gave Tom Friedman the inaugural Financial Times/ Goldman Sachs book prize last week - for a book based on…
April 2, 2006
Europe
Daniel Gross continues to say interesting things about the global economy
Daniel Gross has noted one other way the US and continental Europe are more alike than different - corporate success hasn't translated into broad-based wage gains. Corporate profits are rising rel…