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September 7, 2006

Tyler Cowen apparently did not read my China testimony! The RMB’s value does influence trade flows

The New York Times’ conservative columnists certainly know how to get my blood boiling.  David Brooks, among other things, apparently thinks the key to a hedge fund salary is good people skills – not…

May 4, 2008

Financial Markets
The Economist and Goldman on oil and the dollar

I liked the lede of this week’s economist story on the Fed, the dollar and oil: “THE spirit of St Augustine hovered over the Federal Reserve this week. “Oh Lord, let us stop cutting interest rates…

March 18, 2008

Falling Interest Rates Explain Rising Commodity Prices

Jeffrey FrankelNote: this post is from Jeffrey Frankel filling in for Brad Setser If strong economic growth is not the explanation for the large increases since 2001 in prices of virtually all mine…


March 17, 2008

World Growth Can No Longer Explain Soaring Commodity Prices.

Jeffrey FrankelNote: This post is from Jeffrey Frankel not Brad Setser. It is hard to remember now, but mineral and agricultural commodities were considered passé less than ten years ago. Anyone who …


July 13, 2009

Will the Chinese Keep Saving?

In a recent post, Jeffrey Frankel asks will the U.S. Keep Saving? noting that despite the recent increase in the U.S. savings rate, the demographics of the U.S. (as well as those of Japan and Europe…

August 17, 2010

Summer Reading

I’m traveling for the next couple weeks and so will be posting lightly (at best). In lieu of analysis, here are a few things I’ve been reading that I’d encourage others to look at too: “Evaluation o…

September 23, 2010

The Iranian Nuclear Program: Some Observations from Israel

I spent the first part of this week in Israel talking to people about the Iranian nuclear program. I thought I’d share a few observations. (While I’m writing about travel: I’ll be in Shanghai and Hon…

January 24, 2011

Renewable Energy
Should We Eliminate All Energy Subsidies?

Writing in the Washington Post a couple weeks ago, Jeffrey Leonard argued that Congress should scrap all energy subsidies – and that clean energy would come out ahead. The op-ed was a shorter version…

May 4, 2011

TWE Mailbag: Walter Cronkite, the Tet Offensive, and Kent State

Walter Cronkite on television during a presidential debate on September 23, 1976. (Thomas J. O'Halloran/courtesy the Library of Congress) Always underpromise and overdeliver. Never overpromise a…

Walter Cronkite on television during a presidential debate on September 23, 1976.

May 13, 2011

Defense and Security
Friday File: Will We Come to Regret the Raid on Abbottabad?

A policeman walks in front of Osama bin Laden's Abbottabad compound. (Faisal Mahmood/courtesy Reuters) Above the Fold. Actions, even virtuous ones, have consequences. Sometimes those consequenc…

A policeman walks in front of the compound where al-Qaeda leader Osama bin Laden was killed in Abbottabad.