Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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October 28, 2005
China
A new Chinese oil strategy? Buy into BP and other oil majors
I think this is potentially very good news. It is not quite Tom Barnett's scenario - that would imply BP and Exxon buying up Chinese oil firms or building infrastructure to supply the Chinese marke…
August 11, 2006
United States
Despite what Lex says, the euro/ dollar does matter
Dean Baker’s critique of Monday’s Lex column on the dollar was on the mark. Lex made rather selective use of the facts to argue that dollar depreciation (and renminbi appreciation) has little impact…
October 4, 2006
Budget, Debt, and Deficits
Why is 2045 more important than 2007?
Like Dean Baker, I am growing tired of reading editorials complaining about a failure to take “Social Security’s long-term problem” seriously.True, projections show a deficit of something like 1.5% o…
January 16, 2007
Budget, Debt, and Deficits
The Washington Post really doesn’t like Social Security …
Best I can tell, Social Security is in the best financial shape of any federal program. It is in far better future shape than Medicare. And it is in way better shape than the portion of the govern…
September 16, 2007
Financial Markets
Strong oil, weak dollar -
The negative correlation between the dollar and the price of oil was much in evidence last week – The dollar hit a record low against the euro, and is quite weak against most of the major currencies…