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August 31, 2004

Heads of State and Government
Republican National Convention: Council on Foreign Relations Foreign Policy Discussion

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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…

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 4, 2005

United States
Foreign Affairs Publishes Comprehensive Volume on the War on Terror Essays Cover Roots of September 11 to Ongoing Struggle Around the World

February 4, 2005—Foreign Affairs Books is releasing the most ambitious collection of writings to date about America’s war on terror. In Understanding the War on Terror, editors James F. Hoge Jr. and …

February 17, 2005

Terrorism and Counterterrorism
TERROR: War on Terror Update

This publication is now archived. Three years after 9/11, has progress has been made in the war on terror?Yes, most analysts say, but precisely how much is unclear. On the home front, considerable st…

August 5, 2005

Capital Flows
China, the US and the geopolitics of oil

The CNOOC Unocal saga is over. But CNOOC's ambitions remain: Energy market experts now expect Cnooc, which is controlled by the Beijing government, to explore opportunities throughout the Asia-Pa…

August 16, 2005

Budget, Debt, and Deficits
Well, the 2005 fiscal deficit looks good …

I'll leave it to others (Brookings, Goldman, CBPP, DeLong with some help from Concord Coalition) to transform the CBO forecast into realistic projections.  Manipulating the CBO long-term budget f…

October 26, 2005

United States
What to say when the markets are listening to Stephen Jen?

The Economist's Buttonwood struggles with something I have also struggled with:Stephen "Interest rate and growth differentials, not current account deficits" Jen has basically been right on the d…

November 29, 2005

Iraq
What Should Be The U.S. Exit Strategy From Iraq?

It is the question of the moment in Washington: How and when should the United States begin drawing down its forces in Iraq and turning over more responsibility for that nation’s security to local fo…

January 28, 2006

China
Another great irony of history: The Chinese Communist party is a very profitable real estate company

Max Sawicky noted that key source of recent job creation in the capitalist United States has been the US government, which itself is financed, in no small part by the People's Bank of China.  The…