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July 22, 2014

Politics and Government
Hello, Joko “Jokowi” Widodo: President of Indonesia

Sometimes sure things turn out not to be so sure. Just ask Joko Widodo, who is better known to his fellow Indonesians as “Jokowi.” At the start of 2014 he was expected to win Indonesia’s presidential…

Jokowi-Indonesia-President

July 2, 2012

Politics and Government
Hola, Enrique Peña Nieto: President-Elect of Mexico

Enrique Peña Nieto had a very good weekend. While Americans were grumbling about record-breaking heat and residents of Washington, D.C., were learning to live without air conditioning because powerfu…

lindsay pena nieto 2012 07-02

May 7, 2012

Defense and Security
Hello, François Hollande: President of France

Streaks are made to be broken. After seventeen years on the outside looking in, a Socialist Party candidate has finally returned to the French presidency. François Hollande defeated Nicolas Sarkozy b…

Hollande-France-President-20120507

December 18, 2007

United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)

Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…

setser_gross_private_flows_01