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August 21, 2015
Elections and Voting
Campaign 2016: John Kasich, GOP Presidential Candidate
Ohio holds the title of “Mother of Presidents.” Eight of them were born, raised, or lived in Ohio at the time of their election. But the last president to hail from Ohio was Warren G. Harding, who wa…
April 18, 2011
Politics and Government
Campaign 2012: Hello Rick Santorum, GOP Presidential Candidate
Rick Santorum speaks during the Iowa Faith & Freedom Coalition's Spring Event in Waukee, Iowa March 7, 2011. (Brian Frank/courtesy Reuters) Pennsylvania State University can claim many accomplishmen…
November 15, 2005
Economics
RGE Econoblog with Sebastian Mallaby
OK, not a true Wall Street Journal style Econoblog. But Sebastian Mallaby of the Washington Post noted my response to his October 31st column, and has agreed to allow me to publish our email exchan…
October 18, 2008
Monetary Policy
Where is my swap line? And will the diffusion of financial power Balkanize the global response to a broadening crisis?
Some emerging market central banks have noticed that they – unlike the Bank of Japan, Bank of England, Swiss National Bank and the European Central Bank – don’t have access to unlimited dollar credit…
November 16, 2005
United States
The Twin Deficits … an early look into 2006
I wanted to try to pull together some of my thoughts after various data releases of last week:The US September trade dataThe Chinese October trade dataThe October US budget dataAnd from a bit earlier…
December 22, 2014
United States
Ten Americans Who Died in 2014 Who Shaped U.S. Foreign Policy
Year’s end is a time for taking stock, counting successes, and assessing failures. It is also a time for remembering those who are no longer with us. Here are ten Americans who died in 2014 who throu…
January 24, 2008
Financial Markets
Property without power?
Diplomatic sovereign wealth funds argue, more or less, that they have no desire for power - so there should be no restrictions on their ability to accumulate property. Those hoping for a cut of the S…
January 2, 2005
Budget, Debt, and Deficits
Social Security Crisis in 2018? Ridiculous
Take a look at this Washington Post article by Jonathan Weisman, which the big blogs have justly pounced on. The initial framing of Weisman’s article is just way, way off. Social security in no way…
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…