Council of Councils
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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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March 27, 2006
United States
Good thing Michael Mandel read my 2004 paper, not my 2005 paper -
With the 2004 paper on US external sustainability, there is at least some possibility that Nouriel's and my dire forecasts will prove to be right. The core argument of that paper is that the contin…
September 30, 2008
Monetary Policy
Dark flows
Many argue that sovereign wealth funds have been a stabilizing force in global markets. I keep wondering how anyone could possibly know. The majority of sovereign funds do not report data on th…
May 15, 2009
China
China’s Foreign Assets
China’s total foreign assets, including its dollar assets, have grown substantially. China is worried about the risks associated with holding large amounts of dollar assets, as evidenced by its cal…
December 30, 2005
Economics
Things I got wrong in 2005
Alas, this list is rather long. There is a reason why Mike Dooley ended the first segment of our Econoblog debate by noting that he had been right (and I and other worry warts had been wrong) for 2…
December 8, 2008
Monetary Policy
Deflation?
Ben Bernanke gave a speech in late 2002 discussing the risks associated with falling prices. According to bond market pricing, investors are more worried about deflation today than they were in 200…
