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May 4, 2011

Intelligence
The ISI and Terrorism: Behind the Accusations

Pakistan’s intelligence agency, the ISI, faces persistent accusations of links to terrorism, despite repeated denials.

September 11, 2006

Terrorism and Counterterrorism
Musharraf’s Taliban Problem

Pakistani President Pervez Musharraf is under increasing pressure from NATO and the United States to clamp down on Taliban militants, but internal resistance from Pakistani Islamists is preventing hi…

June 26, 2008

Defense and Security
U.S-Pakistan Military Cooperation

Pakistan is key to success in U.S.-led  counterterrorism efforts, with its tribal areas serving as terrorist havens. But covert U.S. military actions inside Pakistan put the future of the U.S.-Pakist…

July 12, 2005

United States
Don’t worry, be happy. Trade deficits do not matter so long as US household wealth is rising

Michael Mandel thinks I am making a big mistake, albeit a very, very common one - worrying about rising US external debt rather than celebrating rising US household wealth. Brad is making the very…

February 1, 2009

China
Asia’s two recessions

During the good times, both exports and investment boomed. Indeed, the fact that China ran a large current account surplus even as Chinese domestic investment soared -- something only possible bec…