In a series of farewell interviews over the past three days, Secretary of Defense Leon Panetta made some interesting observations about drone strikes. As the director of the Central Intelligence Agen…

This post was co-written with Peyton Kliefoth, an economics major at Northwestern University and research intern at the Council. Over the weekend, I published a piece in Fortune Magazine explainin…

The New Year's Eve Ball in New York City (Mike Segar/Courtesy Reuters). “Summit fatigue” may be widespread, but demands on the world’s leaders just keep growing. Here are a half a dozen major meetin…

Above the Fold. Tuareg rebel fighters in northern Mali today declared the independent country of Azawad. The announcement comes on the heels of the rebels’ rapid success in driving government forces …

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…