156 Results for:

October 22, 2004

United States
How Bush budget deficits ended up hurting Ohio

Ronald McKinnon has an interesting argument in yesterday’s Financial Times (based on this policy brief), namely that manufacturing workers are paying for low US private savings and large US budget de…

November 15, 2004

Where are George Soros and the other macro hedge funds?

With apologies to Philip Coggan, I plagarized his FT headline from a few days ago -- he asked the same question as Brad DeLong, namely, why aren’t big bets from big macro hedge funds driving the doll…

September 26, 2004

Capital Flows
Confronting Iran would be a lot easier if the Saudis had more spare capacity

David Sanger looks at Iran and North Korea’s nuclear ambitions in today’s New York Times. Sanger suggests it will be hard to stop Iran’s quest for nukes, no matter what the nature of Iran’s regime -…

May 7, 2005

Economics
The US economy, in a nutshell?

90s: Hi-tech.00s: Real estate.Check out this nugget from the Washington Post (emphasis added):"Jackpot" is how Ileann Jimenez-Sepulveda describes it. Like Klein, she bought a house in Columbia Height…

August 9, 2005

Capital Flows
Iran, Nukes, China, Oil, and a few other things

I wonder if Iran's intransigence is any way related to this? Obviously, the risk of a supply disruption, whether in Saudi Arabia, Iran or Iraq is one reason why oil prices are high. But I suspect…

January 13, 2006

United States
On the origins of dark matter

Stephen "Current accounts almost always don't matter" Jen is intrigued by Ricardo Hausmann and Fredrico Struzenegger's discovery of dark matter.   Lots of others are too.   Michael Mandel for…

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February 5, 2006

United States
Is national income accounting biased against the US?

In a fake news classic, Rob Corddry and Jon Stewart of the Daily Show once pondered how to report "the facts" when "the facts themselves were biased."  Michael Mandel seems to think the facts are bia…

October 25, 2005

United States
The Joint Economic Committee

Last Thursday, I had the opportunity to testify before the Joint Economic Committee on the US current account deficit, as part of the panel that followed Dr. Bernanke's testimony. I strongly s…

August 17, 2005

Economics
It all comes down to oil and houses

Or  more precisely, how long the stimulus from rising house values (and the jobs created building and selling houses) can offset the drag of the (growing) oil tax.  Read John Makin in today's Wal…

May 7, 2006

United States
Searching for the origins of dark matter

Hausmann and Sturzenegger, if nothing else, have spurred a lot of work with a catchy title and a bit of clever accounting. We now know that:Dark matter stems more from low (reported) returns on forei…

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