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September 9, 2011

Defense and Security
Friday File: Remembering 9/11

  New York City Fire Department Battalion Commander Tom Currao raises a flag outside the World Trade Center construction site at the 9/11 Memorial Visitors Center in New York on September 9, 2…

New York Fire Department Battalion Commander Tom Currao raises a flag outside the World Trade Center construction site at the 9/11 Memorial Visitors Center in New York September 9, 2011. The flag, which flew overseas during Operation Enduring Freedom, was accepted by museum curators into their collection. National and city leaders will commemorate on Sunday the ten-year anniversary of the attacks of September 11, 2001 with a ceremony unveiling a memorial and museum. REUTERS/Brian Snyder

September 23, 2011

Defense and Security
Friday File: Arms Sales to Taiwan

Five F-16 jets fly in formation. (Ho New/courtesy Reuters) Above the Fold. The Palestinian statehood bid is not the only issue the Obama administration has been struggling with this week. On Wednesd…

Five U.S. Air Force F-16

October 17, 2011

Monetary Policy
Can Monetary Policy Mitigate The Effects of Oil Shocks? A Follow-Up

I wrote a week ago about an old paper by Bernanke, Gertler, and Watson (BGW) that attributed much of the impact of past oil price shocks to the response of monetary policy. Jim Hamilton followed up t…

October 19, 2011

United States
TWE Remembers: The Battle of Yorktown

  As anyone who has ever watched “The Simpsons” knows, Americans like to make fun of French military prowess—or the supposed lack thereof. But today is a day to remember that the United States is …

Battle of Yorktown

November 18, 2011

Friday File: How Good Are U.S. Universities?

Student protestors hold signs at the Sather Gate at the University of California at Berkeley. (Kevin Bartram/courtesy Reuters) Above the Fold.  President Obama’s trip to Asia has been in the news th…

Student protestors hold signs while they block the Sather Gate at the University of California at Berkeley March 4, 2010 to protest against fee increases and budget cuts. In all, thousands of students at campuses across California were expected to protest. REUTERS/Kevin Bartram