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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May 27, 2005
United States
Bretton Woods Two and Trade Politics
The interest rate on the 10 year Treasury note is somewhere between 4.0-4.1% -- and the US seems to be having no trouble financing its current account (or its budget) deficit right now. The risk of…
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…
November 30, 2007
Financial Markets
Is the dollar’s decline over?
The Economist put the dollar on its cover this week. The Economist’s cover is usually a lagging, not a leading, indicator: it signals that the dollar already has fallen significantly, and sometime…
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…
June 5, 2013
Defense and Security
Hello, Susan Rice: National Security Adviser
When one door closes another one opens. Susan Rice can certainly vouch for that pithy piece of advice. Early last fall the U.S. ambassador to the United Nations looked to be a shoe-in to succeed Hill…
