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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January 13, 2006
United States
On the origins of dark matter
Stephen "Current accounts almost always don't matter" Jen is intrigued by Ricardo Hausmann and Fredrico Struzenegger's discovery of dark matter. Lots of others are too. Michael Mandel for one. Se…
January 3, 2013
Americas
What to Watch in 2013: Latin America’s Presidential Elections
Last year Mexico, Venezuela, and the Dominican Republic held presidential elections, leading to some of the region’s biggest news stories of the year: the PRI’s return to power and the strong second …
January 3, 2006
United States
Dark matter watch
Ok, not real dark matter. Hausmann and Sturzenegger defined "dark matter" as the difference between the assets (or liabilities) implied by US "income" payments, and the United States net internatio…
December 8, 2005
United States
Emerging market bubble watch - and a word or two on dark matter
Ecuador is the kind of country that can borrow only when times are really, really good for emerging economies. It has been and - as far as I can tell - remains politically dysfunctional. It tends …
April 27, 2006
Unpleasant balance of payments math — why the interest rate matters for dark matter
Bill Cline of the IIE rightly took Nouriel and me to task (politely) for assuming that the average return on US FDI abroad would equal the average return on foreign FDI in the US in our 2004 paper on…
