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June 14, 2011

Politics and Government
Campaign 2012: Hello Michele Bachmann, GOP Presidential Candidate

Congresswoman Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters) Michele Bachmann made some news at last night’s rather sedate GOP presidential …

Congresswoman  Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters)

June 21, 2011

Elections and Voting
Campaign 2012: Hello Jon Huntsman, GOP Presidential Candidate

It’s official. Jon Huntsman, the former Utah governor and U.S. ambassador to China, has formally announced that he is a Republican candidate for president. As he promised, Huntsman made the announcem…

Jon Huntsman

December 18, 2007

United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)

Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…

setser_gross_private_flows_01

April 7, 2015

Politics and Government
Campaign 2016: Senator Rand Paul, GOP Presidential Candidate

Is America ready for a "Libertarian-ish" president? We are about to find out. Today Senator Rand Paul (R-KY) formally announced his presidential campaign, making him the second Republican candidate, …

Rand Paul Announcement

July 16, 2015

Elections and Voting
Campaign 2016: Governor Scott Walker, GOP Presidential Candidate

Twelve Americans have become president without having earned a college degree. (Two of them are on Mount Rushmore.) Wisconsin Governor Scott Walker, who studied at Marquette University but left befor…

Wisconsin Governor Scott Walker formally announces his campaign for the 2016 Republican presidential nomination during a kickoff rally in Waukesha, Wisconsin, July 13, 2015.