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June 21, 2011

Elections and Voting
Campaign 2012: Hello Jon Huntsman, GOP Presidential Candidate

It’s official. Jon Huntsman, the former Utah governor and U.S. ambassador to China, has formally announced that he is a Republican candidate for president. As he promised, Huntsman made the announcem…

Jon Huntsman

August 9, 2007

China
The balance of financial terror, circa August 9, 2007

Back in early 2004, former Treasury Secretary Lawrence Summers highlighted the emergence of what he termed the "balance of financial terror."   China – and others – relied on the US for demand that t…

April 11, 2011

Politics and Government
Campaign 2012: Hello Mitt Romney, GOP Presidential Candidate

Mitt Romney shakes hands after speaking to an audience at the Conservative Political Action Conference meeting in Washington on February 11, 2011. (Larry Downing/courtesy Reuters) The United States …

Campaign 2012: Hello Mitt Romney, GOP Presidential Candidate

September 29, 2005

Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?

Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…

June 16, 2009

Monetary Policy
Read Brender and Pisani’s “Globalised finance and its collapse”

I highly recommend Anton Brender and Florence Pisani’s recent monograph, "Globalized finance and its collapse." In a lot of ways, it is something that I wish I could have written. I don’t agree with …