Karl Rove is the Bush Administration’s economic policy czar, and de facto Treasury Secretary. In addition to responsibility for political affairs and strategic initiatives, Mr Rove has been appointe…

Lots of folks in Washington don’t think the Bush Administration and the Congress are serious about cutting the fiscal deficit, and reducing the strain the federal government places on anemic US savin…

Nouriel and I put pen to paper and laid out our take on China. Our paper reflects on the trip we took there last month, along with the reading we did to prepare for the trip. There is nothing new her…

If China were growing slowly, there would be no shortage of potential explanations.Free labor market in China? Not even close. The household permit system is an enormous impediment to free labor mo…

Xie to the market (and to the US): Take your 2% and stop telling China to revalue! Here is the difference between Xie and me, put simply. Xie thinks the US is trying to get China to "artificially"…