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January 3, 2005

Budget, Debt, and Deficits
Borrowing is Saving, Up is Down

Edmund Andrews of the New York Times provides the Rosetta stone that lets us decipher the Bush Administration’s plan to cut the deficit, which seems to be a plan to pretend to cut the deficit. Here i…

February 9, 2005

Economics
It is now official

Karl Rove is the Bush Administration’s economic policy czar, and de facto Treasury Secretary. In addition to responsibility for political affairs and strategic initiatives, Mr Rove has been appointe…

April 25, 2005

Economics
Some good news

Boeing seems to be making a bit of a comeback on the back of a new small, light plane (the 787). Airbus is left hawking a heavier, lumbering giant (the A380) in the face of rising fuel prices. That…

November 8, 2004

Pepsi is no longer red, white and blue

Buried deep within the Scott Kilman’s Monday WSJ article on rising food imports is the following gem:"Much of the Pepsi-Cola sold in the US is made from concentrate imported from places such as Irela…

August 24, 2005

United States
Are we ignoring the United States’ strengths?

Anantha Nageswaran of Libran Asset Management in Singapore has submitted a set of (lengthy) comments that respond, in some sense, to many of the points I and others have raised on this blog.   Check …

January 13, 2006

United States
On the origins of dark matter

Stephen "Current accounts almost always don't matter" Jen is intrigued by Ricardo Hausmann and Fredrico Struzenegger's discovery of dark matter.   Lots of others are too.   Michael Mandel for…

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April 22, 2010

Japan
What is Lee Myung-bak Doing That I’m Not?

Photo courtesy of REUTERS/Tim Chong President Lee Myung-bak did steal the spotlight last week at the Nuclear Security Summit, even though I argued strenuously that it was Japan’s Moment to Shine. …

What is Lee Myung-bak Doing That I’m Not?

June 1, 2010

China
Truly New Thinking on North Korea

Lee Jae-Won/Courtesy Reuters Are three of the world’s wealthiest nations truly without recourse? In the wake of North Korea’s sinking of a South Korean warship and the death of forty-six South Korea…

(L-R) Japanese Prime Minister Yukio Hatoyama, South Korean President Lee Myung-bak and Chinese Premier Wen Jiabao pose before their summit in Seogwipo on Jeju island, south of Seoul May 29, 2010. Leaders of the three nations are meeting at the third trilateral summit on the resort island of Jeju from May 29-30 in which escalating tension on the Korean peninsula will certainly be high on the agenda.   REUTERS/Lee Jae-Won (SOUTH KOREA - Tags: POLITICS BUSINESS)

July 28, 2010

Energy and Climate Policy
Guest Post: Green Jobs Didn’t Fail to Sell the Climate Bill

This is a guest post from Jason Scott, Managing Partner and Co-Founder of EKO Asset Management Partners. Thanks to Michael for the opportunity to guest post. I consistently enjoy his often contraria…

March 31, 2011

Defense and Security
Is Operation Odyssey Dawn Constitutional? Part III

Then President Bill Clinton beside Gen. Hugh Shelton, then chairman of the Joint Chiefs of Staff, explaining the U.S. and NATO mission in Kosovo on April 1, 1999. (Win McNamee/courtesy Reuters) Yest…

U.S. President Bill Clinton beside Gen. Hugh Shelton, then chairman of the Joint Chiefs of Staff, explaining the U.S. and NATO mission in Kosovo on April 1, 1999. (Win McNamee/courtesy Reuters)