The US economy looks to be slowing.   Job creation (and wage growth; also see Leonhardt in the New York Times) wasn’t that impressive even when the economy was growing strongly.   Like many, I was st…

Dani Rodrik didn’t take long to stir up the blogosphere (see Steve Waldman, among others).   Rodrik makes an interesting point:   Trade doesn’t cut inflation.   Sure, it lowers prices for impor…

Sometimes it seems that the larger China’s current account surplus – and the bigger the share of the US current account deficit financed by China’s government – the more insistent the Economist becom…

Dani Rodrik poses an important question on his blog:“If forced to choose between a world in which developing countries are growing rapidly but there are global macro imbalances associated with it, an…

They don't need the money.Deborah Solomon's interesting A1 Wall Street Journal story about the US Treasury's concerns that the world may not be quite as open to US direct investment as it used to be …