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January 4, 2008

China
A myth?

If net exports had contributed as strongly to US GDP growth over the past three years as they have contributed to Chinese GDP growth, the US would not have a current account deficit - and the US woul…

china_rant_1.jpg

January 27, 2012

Fossil Fuels
How Not To Argue That We’re Running Out Of Affordable Oil

I made a New Year’s resolution to spend less time on this blog explaining why other people are wrong. But New Year’s resolutions are meant to be broken -- and some things just beg for intervention. …

April 26, 2013

United States
Sea Power in the Pacific, Drones in Lebanon, and America’s “Dirty Wars”

David C. Gompert, “Sea Power and American Interests in the Western Pacific,” Rand Corportation, to be published June 3, 2013,  pp. 160-162. If we are indeed in for a change in the basic premise of s…

navysandiego

April 9, 2015

Ten Whats With…Sheila A. Smith

Sheila A. Smith is a senior fellow for Japan Studies at the Council on Foreign Relations. She is the author of Intimate Rivals: Japanese Domestic Politics and a Rising China (Columbia University Pres…

Sheila Smith Intimate Rivals

January 9, 2009

Financial Markets
The global savings glut and the current crisis

I have always believed that the debtor and the creditor tend to share responsibility for most financial crises. One borrows too much, the other lends too much. Wynne Godley (ideologically, no H…