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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February 21, 2005
Budget, Debt, and Deficits
The confused conservatives on the Washington Post oped page …
The Washington Post put out an oped on the partial privatization of Social Security over the weekend, which Kevin Drum appropriately jumped on.One item in the oped jumped out at me:The second risk i…
September 17, 2007
Financial Markets
The first true twenty-first century financial crisis?
Larry Summers – picking up on a phrase perhaps first used by Michel Camdessus -- liked to call the Mexican crisis the first financial crisis of the 21st century. Mexico’s decision to exhaust its re…
December 6, 2017
United States
Tax Reform and the Trade Balance
Warning: long, wonky, and not for the fainthearted. I try to assess how the international reforms will impact where firms book profits and thus the measured trade and income balance, not just the …
June 15, 2010
Energy and Climate Policy
Simulating the Effects of Kerry-Lieberman on Energy Security
A couple weeks ago, I wrote about the Chamber of Commerce’s new Energy Security Risk Index. At the end of the post, I asked a question: “It will be interesting… to see how various energy and climate…
March 25, 2019
Puerto Rico
Is There Still A Path that Returns Puerto Rico to Debt Sustainability?
The relatively generous settlement with the sales-tax backed bonds (COFINA) has reduced the funds available for everyone else.
