Council of Councils
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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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February 24, 2008
Monetary Policy
Those stabilizing speculators …
Credit -- according to one widely quoted Deutsche bank report -- is on sale. All of it. Corporate bonds can be bought now for a lot less than a few months ago (see McCulley and Toloui’s figure 4)…
February 15, 2008
United States
The December TIC data lifts the curtain that has hidden how the US has financed its deficit
There has been no shortage of bad news coming out of the US today - -- A fall in consumer confidence; -- Flat manufacturing;-- A fall in the Empire state index;-- A UBS report predicting b…
July 2, 2019
Global Governance
The Anticipatory Governance of Solar Radiation Management
Emission reductions alone are unlikely to prevent severe climate change effects. Geoengineering proposals are a way forward, but they need legitimate and effective governance.
July 12, 2008
Monetary Policy
Too Chinese (and Russian) to fail?
The epicenter of the US financial crisis now seems to have shifted to Fannie Mae and Freddie Mac -- the government sponsored enterprises that dominate the market for US housing finance. Few inst…
