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October 19, 2006

United States
Plugging In and Speaking Out: the Internet, the Public, and Policymaking

As more citizens turn online for information and opinions, the Internet plays an increasingly central role in empowering and shaping public involvement in the political process on issues ranging from…

Podcast

January 8, 2007

United States
Two reasons why I am cautious about predicting a big turn in the trade deficit

1. A rising fraction of the Toyotas sold in the US are now made in Japan.  The Journal:Toyota has said it aims to produce in North America two-thirds of the overall number of vehicles it sells here. …

March 28, 2007

United States
Global adjustment — the US, Europe, Asia and last but not least the oil exporters

Folks have been worrying about the current account deficit for so long that “Wall Street is downright bored with it.”    Trust me, I know.  But just because the world’s central banks have financed an…

September 30, 2008

United States
Bailout Failure

Markets had their worst day since the 1987 crash following the House vote to reject Paulson’s rescue plan. The Federal Reserve and the Treasury are expected to hold things together through greater …

Bailout Failure

October 1, 2008

Monetary Policy
Fed Balance Sheet Troubles

The U.S. Senate passed Paulson’s $700 billion rescue plan three days after the House rejected it. The House is expected to vote again on Friday. While the political maneuvering continues, the Feder…

Fed Balance Sheet Troubles