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December 22, 2005

Budget, Debt, and Deficits
Memo to John Snow: Do housing bubbles count?

John Snow's latte-drinking budget mythmaking has gotten plenty of (fully warranted) criticism already, but I'll still pile on. Snow argues that the large budget surplus at the tail end of the…

November 16, 2006

United States
Wrong about 2006. Right about 2007? Or 2008?

I don’t think that Nouriel Roubini and I ever argued Bretton Woods 2 – an international monetary system based on central bank financing of the US deficit -- would absolutely collapse by the end of 20…

February 25, 2007

Financial Markets
The cranes of Dubai. Are they the answer to Edward Hugh’s question?

I think anyone who visits Dubai right now is bound to be dumbstruck by the sheer scale of the construction.  It, quite honestly, puts anything I saw in China in early 2005 to shame.   To the naked ey…

April 25, 2010

Energy and Climate Policy
Annals of Unintended Consequences: California Edition

I like labeling schemes, like Energy Star, that help consumers make more energy-efficient choices. But sometimes policymakers slip up. In California, they’ve just started offering a $200 rebate on ne…

November 23, 2010

Influencing Africa only on the Margins

I had a good time at the African Studies Association meeting in San Francisco, November 18-21. The events list was reminiscent of a college catalogue if all of the course offerings were Africa-relate…

December 6, 2010

United States
TWE Remembers: The Roosevelt Corollary to the Monroe Doctrine

Last week marked the anniversary of the Monroe Doctrine.  Today marks the anniversary of the Roosevelt Corollary to the Monroe Doctrine.  Although presented at the time as an extension of what Monroe…

roosevelt-corollary

February 25, 2011

Diplomacy and International Institutions
TWE Remembers: John Foster Dulles

Every day thousands of people fly into and out of Washington’s Dulles International Airport. Few of them think about the man for whom the airport is named, John Foster Dulles. He was born on this day…

Dulles-and-Eisenhower

May 14, 2010

Trade
America, Trade, and Asia

Photo courtesy of the MIT Visualizing Cultures project. Here’s the thing about trade policy:  the United States can’t be a leader in Asia without one. That was true in the 19th century, as fast-sai…

America, Trade, and Asia

March 7, 2011

Japan
Japan’s Loss

Japanese Foreign Minister Seiji Maehara told a news conference on Sunday he would resign following criticism for accepting political donations from a foreign national, the latest blow to unpopular Pr…

Japanese Foreign Minister Seiji Maehara told a news conference on Sunday he would resign following criticism for accepting political donations from a foreign national, the latest blow to unpopular Prime Minister Naoto Kan’s troubled government.

March 9, 2011

Mexico
TWE Remembers: Pancho Villa’s Raid on Columbus, New Mexico

The events in Columbus, New Mexico had a back story. It began five years earlier when Porfirio Díaz was pushed out as president (more accurately, dictator) of Mexico after thirty-five years in power…

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