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December 30, 2005

Economics
Things I got wrong in 2005

Alas, this list is rather long.   There is a reason why Mike Dooley ended the first segment of our Econoblog debate by noting that he had been right (and I and other worry warts had been wrong) for 2…

July 16, 2012

Defense and Security
Targeted Killings and Signature Strikes

In his memoir My American Journey, Colin Powell recollects his tours in Vietnam, first as a U.S. Army captain in 1962 and 1963, and later as a major in 1968 and 1969. Due to the length of the war, Po…

Rose garden

November 28, 2006

Financial Markets
Gone (sand) fishing …

I am going to be away from my desk for a few days, giving a talk on petrodollars (and petroeuros).   Posting will likely be rather sporadic. Talking about petrodollars (and petroeuros) to group that …

April 4, 2016

Renewable Energy
Japan Should Increase Its Target for Renewable Energy, In Case Nuclear Restarts Stall

I’ve been traveling in Japan, meeting with government officials, power sector executives, and energy policy scholars. I thank CFR life member Bill Martin, Washington Policy and Analysis, and the Japa…

An aerial view of the No.1 and No.2 reactor buildings at Kyushu Electric Power's Sendai nuclear power station, the only two units operating in Japan (Reuters/Kyodo TPX).

January 8, 2008

Monetary Policy
The end of the United States exorbitant privilege?

There is a lot of angst right now about the dollar, and specifically about the dollar’s ability to remain the leading global reserve currency. Look at the FT leader at the end of 2007, or Daniel…

cofer_q3_dollar_flows.jpg