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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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July 2, 2012
Politics and Government
Hola, Enrique Peña Nieto: President-Elect of Mexico
Enrique Peña Nieto had a very good weekend. While Americans were grumbling about record-breaking heat and residents of Washington, D.C., were learning to live without air conditioning because powerfu…
September 14, 2004
September 20, 2004
Budget, Debt, and Deficits
Who is in more financial trouble: social security or the rest of the government?
There is a common sense that social security is bankrupt and people now in their 20s and 30s won’t get anything from it. That is false. Social security can fund all projected benefits until someti…
September 21, 2004
Emerging Markets
The IMF has refused to bailout bond holders before Argentina!
Adam Thomson of the FT has an interesting article arguing that Argentina’s bond restructuring could succeed if Argentina is willing to offer bondholders 30 cents on the dollar, only a bit more than t…
September 26, 2004
Capital Flows
Confronting Iran would be a lot easier if the Saudis had more spare capacity
David Sanger looks at Iran and North Korea’s nuclear ambitions in today’s New York Times. Sanger suggests it will be hard to stop Iran’s quest for nukes, no matter what the nature of Iran’s regime -…