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December 11, 2004

United States
The Global Test

My harping on the fact that US economic policy now has to pass a global test is not simply meant to score rhetorical points. I suspect that the same folks who financed the expansion of the US curren…

February 28, 2007

China
Why is China’s government trying so hard to hold down China’s current living standard? And investing so much of China’s savings in depreciating assets?

Dr. DeLong is engaged is a rather spirited debate over at TPMCafe – one that mirrors the debate inside the Democratic party.  It is a debate over trade, but it also is a debate over US grand strategy…

November 20, 2004

United States
Large Players in Large Markets

One 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…

September 21, 2011

Fossil Fuels
Peak Oil and Faith Based Energy Debates

Dan Yergin’s weekend essay on peak oil in the Wall Street Journal (summary: don’t worry) has certainly stirred up passions in the blogosphere. Lynne Kiesling and Michael Giberson, both at Knowledge P…