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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…

September 21, 2006

China
Why China’s $1 trillion in reserves are unlikely to be of much use in a banking crisis

It is rather hard to read Andrew Browne’s report of the building boom in Zhengzhou in last week’s Wall Street Journal --- or for that matter many other accounts of China’s current investment boom – a…

March 21, 2011

Politics and Government
Campaign 2012: Hello Tim Pawlenty, GOP Presidential Candidate

Tim Pawlenty speaks during the Iowa Faith and Freedom Coalition's Spring Event on March 8, 2011. (Brian Frank/courtesy Reuters) Only one Big Ten university has ever graduated an American president—T…

Tim Pawlenty speaks during the Iowa Faith & Freedom Coalition’s Spring Event at Point of Grace Church in Waukee, Iowa on March 8, 2011.

October 18, 2008

Monetary Policy
Where is my swap line? And will the diffusion of financial power Balkanize the global response to a broadening crisis?

Some emerging market central banks have noticed that they – unlike the Bank of Japan, Bank of England, Swiss National Bank and the European Central Bank – don’t have access to unlimited dollar credit…

April 26, 2013

United States
Sea Power in the Pacific, Drones in Lebanon, and America’s “Dirty Wars”

David C. Gompert, “Sea Power and American Interests in the Western Pacific,” Rand Corportation, to be published June 3, 2013,  pp. 160-162. If we are indeed in for a change in the basic premise of s…

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