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May 11, 2018

Eurozone
Ireland Exports its Leprechaun

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

Ireland Exports its Leprechaun

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

December 8, 2017

Elections and Voting
Ten Elections to Watch in 2018

Millions of people around the world voted in elections this year. The French elected Emmanuel Macron president, while South Koreans elected Moon Jae-in president. Iran’s President Hassan Rouhani won …

Elections 2018

August 10, 2017

Gender
Women Around the World: This Week

Welcome to “Women Around the World: This Week,” a series that highlights noteworthy news related to women and U.S. foreign policy. This week’s post, covering August 4 to August 10, was compiled with …

Pakistan taliban

June 16, 2017

Climate Change
The United States Left the Paris Agreement. Good.

President Trump has announced the United States will leave the Paris climate agreement. It just might save the deal. 

President Trump announces U.S. exit from Paris Agreement

April 24, 2017

Monetary Policy
The Story in TIC Data Is That There Is Still No (New) Story

The basic constellation in the post-BoJ QQE, post-ECB QE world marked by large surpluses in Asia and Europe but not the oil-exporters has continued. Inflows from abroad have come into the U.S. corpo…

The Story in TIC Data Is That There Is Still No (New) Story

March 10, 2017

Puerto Rico
Getting Puerto Rico’s Fiscal Baseline Right

Developments in Puerto Rico are accelerating. The long-run fiscal plan is really a critical component of PROMESA—as it is intended to be a guide both for Puerto Rico’s annual budget and for any debt …

February 22, 2017

United States
U.S. Manufacturing Exports—Excluding NAFTA—Are Surprisingly Small

Take out U.S. exports of manufactures to Canada and Mexico, and the United States manufacturing exports to the world are about 3 percent of U.S. GDP.* Non-NAFTA manufacturing imports are over 7 pe…

U.S. Manufacturing Exports—Excluding NAFTA—Are Surprisingly Small

February 20, 2017

Elections and Voting
TWE Celebrates Presidents’ Day

Today is Presidents’ Day. It is a TWE tradition to recognize the forty-four men—and they have all been men—who have been president on Presidents’ Day with the following essay. If you are lucky enough…

The Presidential Seal in the White House in Washington