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April 7, 2015

Politics and Government
Campaign 2016: Senator Rand Paul, GOP Presidential Candidate

Is America ready for a "Libertarian-ish" president? We are about to find out. Today Senator Rand Paul (R-KY) formally announced his presidential campaign, making him the second Republican candidate, …

Rand Paul Announcement

April 26, 2011

Politics and Government
Campaign 2012: Hello Ron Paul, GOP Presidential Candidate

Rep. Ron Paul visits a polling station in Manchester, New Hampshire on January 8, 2008. (Jim Young/courtesy Reuters) The third time is the charm. That’s at least what Ron Paul hopes. An unsuccessful…

Republican presidential candidate Texas Rep. Ron Paul visits a polling station in Manchester, New Hampshire January 8, 2008. (Jim Young/courtesy Reuters)

March 16, 2012

Defense and Security
Friday File: Should the United States Leave Afghanistan?

Above the Fold.  The tragic news that a U.S. Army sergeant slaughtered sixteen Afghans this week has scrambled the debate over the U.S. presence in Afghanistan. Afghan president Hamid Karzai has dema…

Defense Secretary Leon Panetta is greeted by Col. John Shafer (L) after arriving to greet troops at Forward Operating Base Shukvani, Afghanistan on March 14, 2012. (Scott Olson/Courtesy Reuters)

August 6, 2007

Monetary Policy
The housing market shouldn’t bank on a PBoC put …

Yes, Virginia, seeking higher dollar returns to offset the dollar’s depreciation does mean taking on more risk.  And Steve Schwarzman wasn’t going to underprice his IPO just because China underpriced…

April 30, 2007

United States
Dani Rodrik, Steve Waldman, China’s impact on US export prices and the risk of “financial” Dutch disease …

Dani Rodrik didn’t take long to stir up the blogosphere (see Steve Waldman, among others).   Rodrik makes an interesting point:   Trade doesn’t cut inflation.   Sure, it lowers prices for impor…