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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January 13, 2006
United States
On the origins of dark matter
Stephen "Current accounts almost always don't matter" Jen is intrigued by Ricardo Hausmann and Fredrico Struzenegger's discovery of dark matter. Lots of others are too. Michael Mandel for one. Se…
February 5, 2006
United States
Is national income accounting biased against the US?
In a fake news classic, Rob Corddry and Jon Stewart of the Daily Show once pondered how to report "the facts" when "the facts themselves were biased." Michael Mandel seems to think the facts are bia…
February 13, 2006
Monetary Policy
It is back. Bretton Woods 2 (central bank financing of the US)
Some would say it never really went away.Emerging market economies did not stop accumulating reserves in 2005. Best I can tell, adjusting for valuation effects and including all the foreign assets o…
February 15, 2006
Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter
I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…
February 25, 2006
China
Is China’s peg creating more problems than benefits for China?
Stephen "current account deficits don't matter, at least not in the dollar zone" Jen is starting to sound a bit like Brad "Doom and Gloom caucus, trade deficit division" Setser. At least on China's …