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The Trump administration leaves a legacy of confusion over cybersecurity issues with few positives.
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July 19, 2005
Calculated Risk might want to start looking at the Netherlands
Calculated Risk has long argued that those wanting to peer into crystal ball and see the future of the US economy should look at Britain -- since Britain’s housing boom started before the US boom, an…
June 20, 2005
United States
Setser and Roubini respond to Levey and Brown: deficits do matter
The current issue of Foreign Affairs contains the rebuttal that Nouriel and I wrote to the David Levey and Stuart Brown’s "Current account deficits do not matter" article that appeared in the March/…
October 14, 2005
Financial Markets
Are tax breaks for houses at risk?
Last weekend's Los Angeles Times (via the Economist's View) article on Bush's advisory commission made it pretty clear that at least one member of the commission, Charles Rossotti, had t…
March 12, 2006
Economics
Read Dan Gross on Globalization a la carte
As usual, Gross has a lot of smart things to say about limits on cross border investment in a no-longer-quite-so-flat world -- or what he calls globalization a la carte. Limits on cross-border invest…
June 18, 2006
Emerging Markets
A hard landing in 2006 - just not in the US?
Nouriel and I postulated back in early 2005 that there was a meaningful risk that the next “emerging market” crisis might come from the US – and it might come sooner than most expected. The basic q…
March 27, 2006
Economics
The Economist’s Lexington columnist needs to get out a bit more …
Rather amazingly, the only US public intellectuals that seem to have made it onto Lexington's radar screen come from the American right. The Neocon right and its pet idea (invading Iraq), the…
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…
October 12, 2006
Europe
Is France the US of the Eurozone — at least when it comes to housing?
I have --on occasion -- pushed against the standard economic narrative on the US and Europe, one that contrasts the "flexible" US with "rigid" Europe. It has a grain of truth, but only a grain. T…
September 20, 2006
Europe
Is it Europe’s turn to rise a housing bubble?
Both Morgan Stanley (at least Eric Chaney) and JP Morgan (in their latest global outlook) now recognize that Europe has emerged as an important engine of global demand growth. Indeed, the 2005 sur…
November 21, 2006
Europe
The booms in Spanish and Irish real estate make the US real estate boom look timid
I have outsourced Thanksgiving blogging to Charles Gottlieb of the Center for European policy studies in Brussels. (Charles.gottlieb at ceps.be)His topic: The Spanish and Irish housing booms (or bu…
