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May 5, 2005

Capital Flows
it is a good thing Mozambique’s Millennium Challenge Account grant was on the front page of the Wall Street Journal …

Because apparently, that is the only grant the Millennium Challenge Account (MCA) has made to date.Full disclosure: I have several friends who work for the Millennium Challenge Corporation (MCC), whi…

August 14, 2008

Monetary Policy
The changing balance of global financial power

Not only do we live in a new "age of authoritarianism," but we live in a world where autocratic governments increasingly finance democratic governments. Consider a chart that shows the increase in…

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September 16, 2008

Monetary Policy
The flight from risky US assets

It is hard to focus on data from over a month ago when a large emerging economy’s stock market is down double digits and the Fed is debating whether or not to extend a lifeline to the largest US insu…

September 20, 2008

Financial Markets
Finance as foreign policy (Russia, 2008)

American commentators have argued that Russia’s current financial difficulties are evidence that Russia’s participation in the global financial system constrains Russian geopolitical adventurism. …

December 22, 2010

Politics and Government
Demographics and Destiny

The Census Bureau released the top-line results of the decennial census yesterday.  The main message is unsurprising.  There are more of us, we are older, we look less like the people who stepped o…

Demographics and Destiny

December 15, 2010

Politics and Government
TWE Remembers: The Birth of the Bill of Rights

The Bill of Rights celebrates its birthday today.  On December 15, 1791, Virginia became the eleventh state to approve the first ten amendments to the U.S. Constitution, thereby satisfying the consti…

bill-of-rights-birth-post

March 4, 2011

Elections and Voting
Campaign 2012: Hello Newt Gingrich, GOP Presidential Candidate?

Newt Gingrich addresses the 38th annual Conservative Political Action Conference in Washington. (Larry Downing/courtesy Reuters) Someone had to go first. So Newt Gingrich did. While the other major …

Newt Gingrich addresses the 38th annual CPAC meeting in Washington

March 7, 2011

Politics and Government
Campaign 2012: Hello Herman Cain, GOP Presidential Candidate

Herman Cain takes the stage to address the Conservative Political Action Conference in Washington in February 2011. (Jonathan Ernst/courtesy Reuters) What if when Americans go to the polls on Novem…

Herman Cain takes the stage to address the Conservative Political Action conference in Washington on February 11, 2011.  (Jonathan Ernst/courtesy Reuters)

March 16, 2011

Treaties and Agreements
TWE Remembers: The Fight over the Panama Canal Treaties

President Obama begins his Latin America trip on March 19. When he stops in Brazil, Chile, and El Salvador the official business will range from trade to energy to regional security. One issue that w…

President Jimmy Carter at the White House discussing the Panama Canal Treaty during a nationally televised fireside chat. (Courtesy National Library of Congress)

April 14, 2011

United States
So Much for Soft Power

U.S. House Budget Committee Chairman Paul Ryan (L) (R-WI) looks at a copy of U.S. President Barack Obama's 2012 budget with ranking Democrat Chris Van Hollen (R) (D-MD). (Jason Reed/Courtesy Re…

U.S. House Budget Committee Chairman Paul Ryan (L) (R-WI) looks at a copy of U.S. President Barack Obama’s 2012 budget with ranking Democrat Chris Van Hollen (R) (D-MD). (Jason Reed/Courtesy Reuters)