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…
July 21, 2005
But the change against the dollar is small. Very small. Too small in my view to have much of an economic impact, in any way. On trade flows. Or on capital flows. I would still bet on a furth…
August 1, 2005
ChinaRarely do I disagree with the premise of an article more than with the Mark Whitehouse Friday C1 Wall Street Journal article "China's Move Makes No Waves in Bond Market." Premise. China moved. It…
August 3, 2005
Monetary PolicyWhat gold was to Bretton Woods 1?In the post war Bretton Woods system, the dollar was - at least in principle - fully convertible into gold at a fixed rate. In practice, after a certain point in th…
August 22, 2005
Capital FlowsIs 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 16, 2005
United StatesSome days are marked by a surplus of good material. The TIC data. The second quarter current account data. DeLong's magnus opus on what the great and good talked about on the margins of Jackson h…