I highly recommend Anton Brender and Florence Pisani’s recent monograph, "Globalized finance and its collapse." In a lot of ways, it is something that I wish I could have written. I don’t agree with …

China now exports more than it imports – a lot more.   Even most American economist are starting to recognize that the “China runs a surplus with the US but its overall trade is balanced” argument is…

Rather than writing a blog of my own, I have been busy discussing one of my favorite topics -- Argentina's crisis -- over in the comments section of Macroblog.    David Altig and I don't always agree…

My plans have evolved slightly, so I am going pretty much directly from England to central Kansas (i.e. tornado land).  In practice, that I means I probably won't be able to resume regular posting un…

If all goes according to plan, my blog will be migrating to cfr.org later this week. The transition should be pretty seamless -- at least that is the goal. It obviously is a bit of a change for me…