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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

January 10, 2011

Diplomacy and International Institutions
TWE Remembers: Sen. Arthur Vandenberg’s Conversion to Internationalism

  In a post earlier today, I mentioned that Sen. Arthur Vandenberg (R-MI), a leading isolationist voice on Capitol Hill in the years before World War II, dismissed the Ludlow Amendment as a terrib…

Senator Arthur Vandenberg