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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September 7, 2006
China
Tyler Cowen apparently did not read my China testimony! The RMB’s value does influence trade flows
The New York Times’ conservative columnists certainly know how to get my blood boiling. David Brooks, among other things, apparently thinks the key to a hedge fund salary is good people skills – not…
September 29, 2015
Egypt
Sisi’s Struggle for Egypt
I have always wondered why leaders of foreign countries feel the need to publish opinion pieces in American newspapers of record. Who exactly are they trying to influence? The folks at the White Hous…
September 11, 2006
China
The Wall Street Journal (finally) takes note: Europe, not the US, explains the recent surge in China’s exports
I was tempted to title this blog “$18.8 billion more reasons for Tyler Cowen, Dan Drezner, Greg Mankiw and a host of others to think the RMB isn’t really undervalued.” But that would be a bit…
April 6, 2008
Financial Markets
A RMB that isn’t appreciating cannot be killing you …
The premise of Joe Nocera’s New York Times story “Two factories, two firms” is logical enough: an appreciating RMB should hurt a low-end, cost-conscious textile exporter and help a higher-end manufac…
August 5, 2007
Budget, Debt, and Deficits
Taxing the kings of private equity like the rest of us
Cheers to the New York Times, the Financial Times, the Economist, Charlie Rangel, Robert Rubin, Alan Blinder, Paul Krugman, Warren Buffet (I think it is implied here), Bill Gross, Greg Mankiw (extr…