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October 13, 2004

Budget, Debt, and Deficits
The next president can duck Social Security reform

Schlesinger and Murray have a pre-debate overview of economic issues in today’s Wall Street Journal. All in all, it is not bad.But I do object to their characterization of Social Security. They not…

December 29, 2004

United States
Look who is supporting the mortgage market …

No Surprise: the People’s Bank of China. The PBOC has shifted from buying treasuries (03) to buying mortgage backed securities (04).From Reuters: "Make no bones about it, mortgages really went globa…

April 29, 2005

Emerging Markets
China Trip Report

Nouriel and I put pen to paper and laid out our take on China. Our paper reflects on the trip we took there last month, along with the reading we did to prepare for the trip. There is nothing new her…

January 3, 2008

Politics and Government
Are Americans still Anglo-Saxons?

So asks Arthur Goldhammer, who somehow manages to find time to track the latest US polling data as well as Nicholas Sarkozy’s latest romance and the latest French debate on the euro’s global role. …

January 10, 2011

United States
TWE Remembers: The Ludlow Amendment

American history is rife with examples of bad policy ideas capturing the public imagination. Prohibition is the poster child for this malady. Today marks the anniversary of a House vote on one hare-b…

Rep. Louis Ludlow