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…
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September 7, 2006
China
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…
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 …
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…
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…
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…