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October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

fig 19

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…

lindsay pena nieto 2012 07-02

August 13, 2011

Elections and Voting
Campaign 2012: Hello Rick Perry, GOP Presidential Candidate

Texas Governor Rick Perry delivers remarks at the Conservative Political Action Conference in Washington on February 11, 2011. (Jonathan Ernst/courtesy Reuters)  For seventeen of the past forty-eigh…

Texas Governor Rick Perry delivers remarks at the Conservative Political Action conference (CPAC) in Washington, February 11, 2011. (Jonathan Ernst/courtesy Reuters)

February 15, 2006

Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter

I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…