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April 18, 2005

Financial Markets
Tactical Issue Linkages

Dan Drezner has an interesting post up, laying out the components of a "serious" approach to encouraging (or pressuring) China to change its exchange rate peg. He nicely lays out the options, thoug…

July 10, 2005

China
Has a slowing Chinese economy eliminated domestic pressure for a renminbi revaluation?

Alan Greenspan told Senators Schumer and Graham that China would soon make its currency regime more flexible, and that they should hold off. They no doubt took "flexible" to mean "let its currency ap…

January 4, 2005

Is the US a generous country?

I am not sure I want to wade into this debate.But I am pretty sure that Carol Adelman did not prove her case in today’s New York Times.Her argument is that aid flows are being privatized, and if you …

March 27, 2006

United States
Good thing Michael Mandel read my 2004 paper, not my 2005 paper -

With the 2004 paper on US external sustainability, there is at least some possibility that Nouriel's and my dire forecasts will prove to be right.   The core argument of that paper is that the co…

July 28, 2006

China
The premier speaks, the analysts listen …

I no longer will be able to make fun of China for letting its exchange rate float between 7.991 and 7.999.   The RMB is now toying with 7.97.  China’s top leadership now seems convinced that maybe…

March 2, 2006

United States
It is official: the current account deficit doesn’t stem from a boom in investment in intangible assets

OK, maybe not official.  But the Economist, drawing on the work of Carol Corrado, Dan Sichel and Charles Hulten, has the key chart.  Check it out. Investment - including investment in intangible asse…

December 24, 2007

Economics
Holiday ice-blogging

Kansas isn't quite as icy as it was two weeks ago, but it did snow two days ago.(photo credit: Carole Setser)I plan to focus on eating and drinking over the next few days -- I'll resume posti…

glistening_sycamore_900_01

April 23, 2010

Fossil Fuels
In Memoriam: The "Linked Fee"

Oh, “linked fee”, we hardly knew you. For the last few months, conventional wisdom held that the Kerry-Lieberman-Graham climate bill, due out next Monday, would tackle emissions from transportation i…

February 4, 2011

Politics and Government
Friday File: Revolution and Reaction

Riot police clash with protesters in Cairo. (Goran Tomasevic/courtesy Reuters) Above the Fold. This week’s crackdown on anti-government protesters in Egypt makes clear that President Hosni Mubarak—o…

Riot police clash with protesters in Cairo January 26, 2011.

December 22, 2010

Politics and Government
Turn Out the Lights

Somewhere up above Dandy Don Meredith is singing "Turn Out the Lights, The Party’s Over." Unless Senators Mitch McConnell and Jon Kyl can find some of the magic that graced the Philadelphia Eagles …

Turn Out the Lights