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January 6, 2008

Economics
Looking back at the top macroeconomic and financial stories of 2007, and looking forward to 2008

Here is my list of the top five stories of 2007 - and some things that I’ll be watching in 2008. What did I miss?1. The "subprime" crisis. The credibility of Wall Street’s financial engineering …

May 25, 2016

You Might Have Missed: Academic Journals V

This is the fifth blog post in this series. The previous four were published in February, July, and October 2015, and January 2016, and highlight earlier academic findings.  David B. Carter, “Provoc…

YMHM Academic May 2016

July 12, 2008

Monetary Policy
Too Chinese (and Russian) to fail?

The epicenter of the US financial crisis now seems to have shifted to Fannie Mae and Freddie Mac -- the government sponsored enterprises that dominate the market for US housing finance. Few inst…

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April 20, 2012

United States
You Might Have Missed: Drones, Threat Inflation, and Corruption

Greg Miller, “Broader Drone Tactics Sought,” Washington Post, April 19, 2012. The CIA is seeking authority to expand its covert drone campaign in Yemen by launching strikes against terrorism su…

Joseph Kony.

December 14, 2008

Capital Flows
Sovereign loss funds ...

Ok, my title is a more-than-a-bit unfair. But sovereign wealth funds are fundamentally vehicles for investing central bank reserves -- or Treasury reserves from surplus oil revenue -- in equities …