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February 15, 2006
Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter
I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…
March 4, 2011
Elections and Voting
Campaign 2012: Hello Newt Gingrich, GOP Presidential Candidate?
Newt Gingrich addresses the 38th annual Conservative Political Action Conference in Washington. (Larry Downing/courtesy Reuters) Someone had to go first. So Newt Gingrich did. While the other major …
December 26, 2013
Defense and Security
Ten Americans Who Died in 2013 Who Shaped U.S. Foreign Policy
Year’s end is a time for taking stock, counting successes, and assessing failures. It is also a time for remembering those who are no longer with us. Here are ten Americans who died in 2013 who throu…
September 29, 2005
Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?
Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…
April 13, 2015
Politics and Government
Campaign 2016: Former Secretary of State Hillary Clinton, Democratic Presidential Candidate
Pakistan has had one. So have Great Britain, Indonesia, Poland, Ukraine, and four dozen other countries. Argentina, Brazil, and Germany have one right now. But the United States has never had a woman…
February 21, 2011
TWE Celebrates Presidents’ Day Because It Is the Day of Presidents
President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters) Being president o…
February 15, 2013
TWE Celebrates Presidents’ Day
Monday is Presidents’ Day. It is a TWE tradition to recognize the forty-three men—and they have all been men—who have been president on Presidents’ Day with the following essay. Enjoy the three-day w…
February 17, 2005
The Achilles Heel of Cowboyeconomics
The Wall Street Journal says everyone in the world would benefit from a dose of Cowboyeconomics. You know, exporting tons of debt, to support consumption growth well in excess of income growth ... …
June 5, 2013
Defense and Security
Hello, Susan Rice: National Security Adviser
When one door closes another one opens. Susan Rice can certainly vouch for that pithy piece of advice. Early last fall the U.S. ambassador to the United Nations looked to be a shoe-in to succeed Hill…
April 15, 2007
United States
Unimpressive (the results of the IMF’s experiment with multilateral consultation)
Macro Man asked the IMF to sort out a world where the US current account deficit is increasingly financed by the growth in emerging market reserves (and the expansion of a few investment funds). …