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…
November 20, 2004
United StatesOne of the world’s ironies is that even as John Snow putters on about how currency values should be set by market forces, the market -- or at least the private market -- is now playing a comparativel…
November 23, 2004
Airbus seems to be planning to update the A330 to compete with the Boeing 7E7. Civilian aircraft are (or perhaps were, Airbus is certainly gaining) the United States’ leading export. Maybe Airbus …
December 5, 2004
Sunday’s New York Times article on US consumer culture -- and its financial enablers -- has a domestic focus. But doesn’t the term "borrower-industrial complex" describe American’s relationship with…
December 7, 2004
United StatesOr more precisely, one of this year’s Nobel Prize winners in Economics seems to disagree with parts of the analysis Nouriel and I have been putting forward. It seems like Nouriel and I don’t underst…
December 8, 2004
Budget, Debt, and DeficitsIt seems like America’s biggest creditors stepped up to the plate today. China’s rapidly growing reserves have to go somewhere ... From Bloomberg:"So-called indirect bidders, which include the forei…