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…
November 6, 2004
Politics and GovernmentIsn’t that what a revenue neutral flat tax or a national sales tax implies, particularly one that exempts investment income from any taxation? (as Cheney reportedly is pushing). In all honesty, it …
May 8, 2005
Capital FlowsThe IMF has about $200 billion that it can lend out. About $75 b is currently lent out, mostly to Brazil, Turkey and Argentina (data link), leaving a bit over $100 billion that could be lent out in …
June 7, 2005
ChinaSebastian Mallaby is tired of the US blaming China for its own problems -- and notes, correctly, that the US hasn’t been terribly responsive to international criticism of its own policies.But who doe…
July 21, 2005
But the change against the dollar is small. Very small. Too small in my view to have much of an economic impact, in any way. On trade flows. Or on capital flows. I would still bet on a furth…
September 16, 2005
United StatesSome days are marked by a surplus of good material. The TIC data. The second quarter current account data. DeLong's magnus opus on what the great and good talked about on the margins of Jackson h…