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 9, 2024
Colombia
Complications in Colombia’s AG Selection, Plus Milei’s Electoral Reform Failure and El Salvador’s Opposition Collapses
Colombia’s process to select a new attorney general is not going smoothly; electoral reform an early failure in omnibus fiasco; and the collapse of El Salvador’s opposition is bad news for Bukele
October 17, 2011
Monetary Policy
Can Monetary Policy Mitigate The Effects of Oil Shocks? A Follow-Up
I wrote a week ago about an old paper by Bernanke, Gertler, and Watson (BGW) that attributed much of the impact of past oil price shocks to the response of monetary policy. Jim Hamilton followed up t…
October 5, 2006
Economics
A world turned upside down …
I guess it is only natural that in world where capital flows – in unprecedented sums – from the poor to the rich, that the poor countries on the periphery also have lower inflation rates than the US…