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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November 18, 2004
Is it the currency of John Snow and the problem of everyone else?
That headline draws on a nice quote from Steve Barrow of Bear Stearns. It paraphrases the famous saying about the dollar -- I think from Nixon’s Treasury Secretary John Connally -- "it is our curren…
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 ... …
August 22, 2005
Capital Flows
The Wall Street Journal oped’s page idea of a “serious” policy on Iran …
Is to keep Iran out of the World Cup (see Monday's Wall Street Journal). That is serious?Moscow's boycott of the Los Angeles Olympics had such a profound impact on US policy ... How about a seriou…
September 13, 2005
China
Time to change the way we think about the world
China's August goods exports: $68 billion US July goods exports: $75 billion China should start exporting more goods than the USA in late 2005/ early 2006. That is rather impressive. It means tha…
September 16, 2005
United States
Has the US outsourced creative thinking about external adjustment to … France?
Many have noted that President Bush likes French-style vacations. Not so many have noticed that French economists have been at the forefront of thinking about the US current account deficit, and the…
