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…
November 6, 2004
Politics and GovernmentIsn’t that what a revenue neutral flat tax or a national sales tax implies, particularly one that exempts investment income from any taxation? (as Cheney reportedly is pushing). In all honesty, it …
December 19, 2004
My recent travels took me to old Europe -- and reminded me that the rest of the world is, in many ways, still unprepared for changes set to hit the world economy -- a world economy where the US trade…
December 29, 2004
United StatesNo Surprise: the People’s Bank of China. The PBOC has shifted from buying treasuries (03) to buying mortgage backed securities (04).From Reuters: "Make no bones about it, mortgages really went globa…
July 30, 2005
United StatesThe IMF just published its annual report on the US economy. The report was in some ways remarkably frank. And it outlined the core policy choice the US government has made, namely, not to do anyth…
August 26, 2005
Monetary PolicyIt seems like some in Asia are a bit worried that so much of the world's wealth is denominated in the currency of the world's largest debtor. Cynic's Delight highlights their concerns well in a rece…