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 15, 2006
Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter
I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…
July 16, 2015
Elections and Voting
Campaign 2016: Governor Scott Walker, GOP Presidential Candidate
Twelve Americans have become president without having earned a college degree. (Two of them are on Mount Rushmore.) Wisconsin Governor Scott Walker, who studied at Marquette University but left befor…
April 13, 2015
Politics and Government
Campaign 2016: Former Secretary of State Hillary Clinton, Democratic Presidential Candidate
Pakistan has had one. So have Great Britain, Indonesia, Poland, Ukraine, and four dozen other countries. Argentina, Brazil, and Germany have one right now. But the United States has never had a woman…
September 29, 2005
Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?
Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…
February 17, 2005
The Achilles Heel of Cowboyeconomics
The Wall Street Journal says everyone in the world would benefit from a dose of Cowboyeconomics. You know, exporting tons of debt, to support consumption growth well in excess of income growth ... …