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November 20, 2004

Politics and Government
Optimist or Ostrich?

For those who want dispassionate economic analysis devoid of politics, read no further. Wait for my next dollar post. This is a center-left response to the Lexington column in this week’s Economist…

March 4, 2005

Emerging Markets
A few lessons for Mary Anastasia O Grady

I do not expect to consistently agree with the oped page of the Wall Street Journal. But I do not think it is too much to ask that the columnists on oped page of the Journal try to square their argu…

June 21, 2005

Emerging Markets
Fantasy based opeds in the Wall Street Journal

The Wall Street Journal oped page clearly has discovered the joys of post-modernism. Facts are a social construction -- and inconvenient facts can be changed to fit your preferred narrative.That is…

June 29, 2005

Capital Flows
Selling off little pieces of yourself

If the US wanted to fund its current account deficit by selling equity, it would need to sell off the equivalent of 40 Unocal’s a year -- whether Chinese state firms, European firms, Japanese insurer…

July 19, 2005

A manufacturing boom?

Tim Duy highlighted a Wall Street Journal story on Monday that puts forward the case that the US manufacturing sector is booming. I did not find Journal's argument entirely convincing. After all, th…