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September 6, 2005

Capital Flows
Is Iraq an economic success? (What is Patrick Clawson thinking?)

I think it is fair to say that I see the world - and Iraq's economy -- very differently than Patrick Clawson.  Clawson argues in the New Republic that Iraq currently is financing most of its own reco…

July 20, 2007

Financial Markets
Oil and the dollar

Oil is once again quite strong.    Last summers’ rally was driven in part by a rise the geopolitical risk premium.   This summers’ rally seems a product of both strong global growth and relatively re…

March 20, 2008

Petrodollars: How to Spend It

Rachel ZiembaNote: This post is by Rachel Ziemba, filling in for Brad Setser Despite the fact that the price of oil and in fact almost all commodities has slid in recent days, they are up substantial…

oil2.jpg

November 23, 2010

Politics and Government
Obama’s Gamble

The White House can count well as anyone else.  Passing the New START Treaty during the lame-duck session means holding all fifty-eight Senate Democrats and picking up nine Republican votes.  But…

Obama’s Gamble

January 12, 2011

Defense and Security
TWE Remembers: Congress’s Vote to Authorize the Gulf War

  On this day in 1991, Congress voted to authorize President George H.W. Bush to use military force against Iraq to end the Iraqi occupation of Kuwait. The House vote was 250 to 183. The Senat…

George H.W. Bush in Kuwait