Apparently, Mr. Jen thinks the dollar -- despite the United States’ 6.2% of GDP current account deficit -- is significantly undervalued against all major currencies, and fairly valued against most As…

Thanks to the generousity of Carnegie (who donated the building), Gates (who donated the computer) and the public library of Stafford, Kansas. I’ll try to chime in with some thoughts on Bretton Woods…

Incidentally, I am not the only one who thinks that the US current account deficit is heading toward a trillion.   The OECD now forecasts $965b current account deficit in 2006 (7.2% of GDP), and $107…

As President Obama gets ready to visit Tokyo, much of the media coverage focuses on the high politics of the U.S.-Japan alliance. Is this tension a temporary affliction caused by the transition in To…

North Korea has traditionally utilized the new year to set priorities and provide guidance to its people. Under Kim Jong Il, this guidance has come out in the form of a combined New Year’s editorial …