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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November 6, 2005
Economics
What risks should the American workforce assume in a more global economy?
Sebastian Mallaby had an interesting column in last Monday's Washington Post. Mallaby highlights what he calls the biggest economic argument of the day -- namely, what role does the government have…
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…
October 3, 2006
Monetary Policy
Bretton Woods 2 lives
The IMF released its data on global reserve growth on Friday. And – to no one’s real surprise – the IMF data indicated that there is one key reason why capital flows uphill in today’s global econom…
July 14, 2015
Elections and Voting
Campaign 2016: Governor Chris Christie, GOP Presidential Candidate
One hundred and three years have passed since the last time a sitting New Jersey governor was elected president. Current New Jersey Governor Chris Christie hopes to break that streak. He announced tw…
March 27, 2006
United States
Good thing Michael Mandel read my 2004 paper, not my 2005 paper -
With the 2004 paper on US external sustainability, there is at least some possibility that Nouriel's and my dire forecasts will prove to be right. The core argument of that paper is that the contin…