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 18, 2005
United States
Synthetic CDOs, China and Systemic Risk
I suspect the stock of outstanding synthetic credit derivatives -- $ 1500 b in synthetic CDOs in 2004 v. $300 b or so in 2001, according to Mark Whitehouse of the Wall Street Journal -- is the only t…
August 17, 2012
Fossil Fuels
Why Allowing Natural Gas Exports Is Probably Good for Climate Change
I argued in a New York Times op-ed yesterday that the United States should allow LNG exports while guarding against downside risks to the local environment and low-income consumers. Joe Romm at the C…
April 21, 2011
Elections and Voting
Campaign 2012: Hello Gary Johnson, GOP Presidential Candidate
A worker sits on a pile of presidential campaign T-shirts for former New Mexico Governor Gary Johnson at the Conservative Political Action conference in Washington on February 10, 2011. (Kevin Lamarq…
May 18, 2007
China
Exchange rates don’t matter. At not least not the RMB/ dollar …
Sometimes it seems that the larger China’s current account surplus – and the bigger the share of the US current account deficit financed by China’s government – the more insistent the Economist becom…
May 5, 2015
Politics and Government
Campaign 2016: Mike Huckabee, GOP Presidential Candidate
If at first you don’t succeed, try, try again. Former Arkansas Governor Mike Huckabee is taking that age old advice to heart. Back in 2008 he did surprisingly well in the GOP nominating race, despite…
