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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October 18, 2006
Monetary Policy
The impact of central bank demand on US bond yields.
In late 2004 and early 2005, Nouriel and I estimated that the actions of foreign central banks might be holding US yields down by as much as 200 bp. That estimate found its way into Pam Woodall’s Eco…
May 4, 2016
Energy and Environment
Beyond Climate Confusion: Why Both Energy Innovation and Deployment Matter
I have a new essay in the May/June issue of Foreign Affairs—“The Clean Energy Revolution: Fighting Climate Change with Innovation”—which I co-authored with Teryn Norris, a former advisor at the Depar…
February 13, 2012
Military Operations
When America Attacked Syria
In response to the worsening civil war in Syria and the Bashar al-Assad regime’s continuous use of rockets, artillery, and sniper fire against civilian population centers, some policymakers, analysts…
December 2, 2006
Financial Markets
Good reading on the dollar’s recent move
I have on occasion been critical of the Economist’s coverage, particularly its emphasis on Chinese consumption growth rather than Chinese export growth. But I should also give credit where credit is…
April 18, 2005
Financial Markets
Tactical Issue Linkages
Dan Drezner has an interesting post up, laying out the components of a "serious" approach to encouraging (or pressuring) China to change its exchange rate peg. He nicely lays out the options, thoug…