Council of Councils
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June 27, 2023
World Order
Council of Councils Twelfth Annual Conference
Sessions were held on the future of AI governance, accountability for war crimes in the invasion of Ukraine, reworking the Sustainable Development Goals and the global development model, revitalizing…
March 28, 2014
Europe and Eurasia
IMF Reform and Ukraine: Amateur Hour for U.S. Economic Diplomacy
In our March 5 post, we argued that the Obama administration linking Ukraine aid to IMF reform was disingenuous and counterproductive. We were right: the legislation failed, congressional Republi…
November 16, 2006
United States
Wrong about 2006. Right about 2007? Or 2008?
I don’t think that Nouriel Roubini and I ever argued Bretton Woods 2 – an international monetary system based on central bank financing of the US deficit -- would absolutely collapse by the end of 20…
May 5, 2014
China
China's RMB Fairly Valued, Euro Overvalued, According to Our Geo-Graphics iPad mini Index
The “law of one price” holds that identical goods should trade for the same price in an efficient market. To what extent does it hold internationally? The Economist magazine’s famous Big Mac Inde…
September 16, 2013
Monetary Policy
Why the Labor Data Point to a September Fed Taper
The August “jobs report is an important reminder that all this tapering talk is insane and dangerous,” pronounced Slate economics writer Matt Yglesias, reflecting the consensus of the econo-commen…
