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April 11, 2005

United States
Skating on incredibly thin ice

Altogether, the circumstances seem to be as dangerous and intractable as any I can remember, and I can remember quite a lot. What really concerns me is that there seems to be so little willingness o…

September 15, 2005

Europe
Why is consumer demand so weak in Germany?

David Wessel writes in today's Wall Street Journal: "Germany, alas, is showing few signs of a Japanese style rebound.  It is, essentially, relying on lower wages to make exports more competitive …

November 16, 2006

United States
Wrong about 2006. Right about 2007? Or 2008?

I don’t think that Nouriel Roubini and I ever argued Bretton Woods 2 – an international monetary system based on central bank financing of the US deficit -- would absolutely collapse by the end of 20…

September 27, 2008

Monetary Policy
It seems like so long ago ... documenting the role foreign central banks played in the US decision to backstop the Agencies

It is hard to believe that only three week have passed since the US government effectively took over the Agencies. Friday’s Wall Street Journal provided something of a post-mortem. And it sure se…

April 24, 2010

Climate Change
Carbon Pricing or R&D? A New Economics Paper Says Both

Daron Acemoglu, Philippe Aghion, and two of their colleagues (MIT and Harvard) posted a fascinating working paper last October that hasn’t gotten the attention it deserves in the policy world. (After…

April 10, 2010

Climate Change
Krugman on Climate: The Good

Paul Krugman’s essay in tomorrow’s New York Times Magazine is generating a lot of buzz. I like it more than most of what’s written on climate and economics these days, but I’ve still got a few rese…

August 25, 2010

North Korea
The Cheonan Incident and its Impact on Regional Security

I spent last week at several meetings in Tokyo, Seoul, and Jeju that revolved around the Cheonan incident and its implications for regional security. Some Asia Unbound readers may have the impressi…

The Cheonan Incident and its Impact on Regional Security

November 12, 2010

China
Obama in Seoul: Underscoring the Sino-U.S. Gap on North Korea

Although the main stories of the Obama visit to Korea revolved around the gap between the United States and China on global rebalancing issues at the G-20 and the failure of Presidents Obama and Le…

Obama in Seoul: Underscoring the Sino-U.S. Gap on North Korea

August 11, 2011

Elections and Voting
Five Foreign Policy Questions for Tonight’s GOP Presidential Debate

A cornfield in Atalissa, Iowa. (Jessica Rinaldi/courtesy Reuters) Republican presidential candidates are gathering tonight in Ames, Iowa for their third debate. Jon Huntsman, who hadn’t yet joined t…

A cornfield is pictured in Atalissa, Iowa.

August 12, 2011

Budget, Debt, and Deficits
Friday File: The GOP Debate Meets Budget Math

Winthrop, Iowa. (Jessica Rinaldi/courtesy Reuters) Above the Fold. Foreign policy took a back seat to Obama bashing and internal GOP sniping in last night’s Republican presidential debate. Rick Sant…

A farm in the town of Winthrop, Iowa. (Jessica Rinaldi/courtesy Reuters)