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December 9, 2002

Bosnia and Herzegovina
Without Sustained EU-U.S. Action, Balkans Face Serious Social, Economic Instability, Warns New CFR Task Force, Balkans 2010

December 9, 2002— After a decade of extensive involvement and peacemaking in the Balkans, the United States and its allies are winding down their commitment to the region. At this critical juncture, …

October 13, 2004

Budget, Debt, and Deficits
The next president can duck Social Security reform

Schlesinger and Murray have a pre-debate overview of economic issues in today’s Wall Street Journal. All in all, it is not bad.But I do object to their characterization of Social Security. They not…

June 1, 2005

Economics
An unbalanced US economy continues to get more unbalanced

Yes, I am repeating myself. But the data is pretty clear.Housing Prices. Up. Particularly in big cities on the coasts. Leading indicators for housing. Up. Check out Calculated Risk for more.Ma…

June 21, 2005

Emerging Markets
Fantasy based opeds in the Wall Street Journal

The Wall Street Journal oped page clearly has discovered the joys of post-modernism. Facts are a social construction -- and inconvenient facts can be changed to fit your preferred narrative.That is…

June 30, 2005

Capital Flows
CNOOC (once again)

The CNOOC bid presumably is motivated by two things. One, Beijing has plenty of cash, and already holds more Treasuries than it wants, so it wants to diversify its portfolio. As I argued earlier, C…