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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…

July 16, 2007

Financial Markets
Hmmm - maybe imported labor can not keep a lid on inflation in the Gulf

One of the standard arguments why the GCC currencies' depreciation – they, after all, generally peg to the dollar – won’t lead to high rates of inflation is that the GCC countries are open to both im…

July 23, 2007

China
First Blackstone, then Barclays …

The alliance between the Chinese state – lest we forget, still a (nominally) communist state -- and the high priests of global financial capitalism is close to complete.    Goldman, Royal Bank o…

October 23, 2008

Monetary Policy
Very true -- "The globalization of the credit crunch" has produced a series of currency crises in the emerging world

Alan Ruskin argues that the moves in the foreign exchange market today -- with the dollar and yen rising sharply against nearly everything -- reflect an unwinding of bets made on the assumption that…

February 22, 2010

Technology and Innovation
Race between Innovation and Security

With Rob Knake, I have a new piece up on Yale Global Online about the race between innovation and security. We use the hacking of Google not to focus on human rights or cyberwar, but rather to show …