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March 8, 2024

United States
Campaign Roundup: Joe Biden Makes the Case for Ukraine Aid

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: President Joe Biden used his State of the Union Address to urge Congress to provide military aid to…

Biden SOTU

July 26, 2005

China
Andy Xie gives no quarter

Xie to the market (and to the US): Take your 2% and stop telling China to revalue! Here is the difference between Xie and me, put simply. Xie thinks the US is trying to get China to "artificially"…

September 2, 2011

Climate Change
Andy Revkin and I Talk About Keystone XL

Andy Revkin of the Times and I had a short chat about Keystone XL this morning. We discuss economics, climate, and politics. Here’s the video: http://youtu.be/8eB3FnIplHU

March 8, 2005

Financial Markets
I hope Andy Xie is wrong about this

Xie argues that Chinese prices won’t converge to US levels; rather US prices are likely to need to fall to Chinese levels.When a small economy like South Korea begins to develop, it is quite reasonab…

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

December 19, 2006

Emerging Markets
Andy Mukherjee should get an award for the most prescient financial column of the month of December -

The title of his December 15th column was “Asian central banks may spook investors in 2007.” He mentioned China, India and South Korea.    Thailand seems to have beat them all to the punch. Mukh…