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December 13, 2012

Human Rights
Alas Denmark

Denmark has long been regarded as one of the world’s most attractive nations, for citizens and tourists alike. My own visits there years ago as a student were delightful. And the Danes have a wonderf…

October 11, 2018

Trade
Trump's Stimulus Trumps His Trade Policy

It is hard to think of a President more committed—at least rhetorically—to closing the trade balance than President Trump. The usual criticism of his trade policy is that it is overly focused on a si…

Trump's Stimulus Trumps His Trade Policy

September 24, 2018

United Nations
UN Prepares for Donald Trump—and a Second Helping of “America First”

Trump has revealed himself to be a man resistant to compromise, with few qualms about going it alone when he doesn’t get his way. For the leaders gathering for the UN General Assembly this week, the …

Trump and Haley

September 24, 2018

China
How Did China Manage its Currency Over the Summer?

China still manages its currency. That’s hardly a shocking statement, I know. But I don’t fully subscribe to the view that China’s depreciation in the summer was simply a market move, given the dolla…

How Did China Manage its Currency Over the Summer?

November 16, 2017

Asia
American Asian Security Allies, Alas, Contribute More to Global Trade Imbalances Than China

One possible U.S. international economic policy towards Asia, broadly speaking, would be to seek to align with Asia’s other economies to put more pressure on China. Xi’s rhetorical commitment to g…

American Asian Security Allies, Alas, Contribute More to Global Trade Imbalances Than China

May 21, 2018

United States
Meeting the Challenge of Slow-Motion Crises

The United States faces three slow-motion crises—the future of work, climate change, and the federal debt—that we risk not tackling until it is too late.

May 11, 2018

Eurozone
Ireland Exports its Leprechaun

Irish tax distortions have a material impact on aggregate eurozone economic data.

Ireland Exports its Leprechaun

March 4, 2018

U.S. Foreign Policy
Dear Mr. President, Reboot Before It’s Too Late

The Trump administration must address its problems of process and personnel if it is to contend with a world in disarray.

Yuri Gripas/Reuters

December 28, 2017

United States
Ten World Figures Who Died in 2017

I wrote yesterday about ten Americans who died in 2017 who helped shape U.S. foreign policy during their lifetimes. But Americans are not the only ones who influence world affairs. Below are ten worl…

Kohl 1989

December 15, 2017

United States
Why The Trade Balance (Still) Matters

It is a useful indicator (even for the U.S.)

Why The Trade Balance (Still) Matters