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February 26, 2005

Capital Flows
Geoeconomics: What can we learn from the end of the “real” Bretton Woods system of fixed exchange rates?

Dan Drezner started a post with the Triffin dilemma, so I figure I too can digress into the realm of history.The Bretton Woods system of fixed exchange rates (Bretton Woods 1) collapsed, in some sens…

June 1, 2005

United States
Is the US sufficiently geared up?

Deep Throat is no longer Washington’s best kept secret, the ten-year Treasury note yields less than 4% and Stephen Roach is a (reluctant) bond bull. The currency of a country with a 6.5% of GDP cur…

April 5, 2011

Climate Change
Kyoto Zombie Still Walking

Here’s what I wrote the morning after the Cancun climate talks ended: “There is one big hole in the Cancun agreement that many observers, in their excitement, appear to have quickly forgotten: its t…

April 21, 2011

Elections and Voting
Campaign 2012: Hello Gary Johnson, GOP Presidential Candidate

A worker sits on a pile of presidential campaign T-shirts for former New Mexico Governor Gary Johnson at the Conservative Political Action conference in Washington on February 10, 2011. (Kevin Lamarq…

A worker sits on a pile of presidential campaign T-shirts for former New Mexico Governor Gary Johnson at the Conservative Political Action conference in Washington February 10, 2011. (Kevin Lamarque/courtesy Reuters)

July 8, 2011

Budget, Debt, and Deficits
Friday File: Brinkmanship on the Debt Ceiling

The National Debt Clock hangs on a wall next to an office for the Internal Revenue Service near Times Square in New York, May 16, 2011. (Chip East/courtesy Reuters) Above the Fold. They say that if …

The National Debt Clock hangs on a wall next to an office for the Internal Revenue Service near Times Square in New York, May 16, 2011.