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December 4, 2020

Transition 2021
Transition 2021: The Looming Iran Crisis

Each Friday, I look at what is happening in President-Elect Joe Biden’s transition to the White House. This week: Iran will likely provide an early test for Biden and his national security team.

The Iranian flag flies in front of a nuclear power plant.

December 17, 2013

Russia
A Faustian Bargain for Ukraine?

Earlier today Russia intervened dramatically in Ukraine’s political turmoil with an offer to sell the cash-strapped country deeply discounted natural gas. The New York Times captured the prevailing w…

May 11, 2018

Eurozone
Ireland Exports its Leprechaun

Irish tax distortions have a material impact on aggregate eurozone economic data.

Ireland Exports its Leprechaun

April 15, 2011

Fossil Fuels
Some Thoughts on the Howarth Shale Gas Paper

A new paper by Cornell’s Robert Howarth, which claims that shale gas is worse for greenhouse gas emissions than coal, has been getting a lot of attention in the popular press. Howarth’s basic questio…

August 8, 2005

China
China was for buying Unocal before it was against it …

This Saturday FT story made little sense to me, apart from an ex post attempt to save face.   Better for the Chinese government to say the CNOOC's bid failed because it did not have a ton of governme…