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March 14, 2012

Labor and Employment
After Manufacturing

Overview No state was struck harder by the loss of manufacturing employment than North Carolina. But while some parts of the state were able to shift into more competitive sectors, others have bee…

After Manufacturing header

March 22, 2006

China
Stephen Roach is well worth reading today

Roach has access to a slightly higher level of policy makers than either the author - or I suspect most of the readers - of this blog.   Particularly in China.   He didn't learn of Wen's critique of …

February 2, 2006

United States
Defense Expert Stephen Biddle Joins the Council to Study U.S. National Security and Strategy

February 2, 2006 —Stephen D. Biddle, associate professor and Elihu Root chair of military studies at the U.S. Army War College Strategic Studies Institute (SSI), has joined the Council as senior fell…

November 8, 2005

China
Stephen Roach gets it, the IMF does not …

Subtitle: some parts of the IMF might want to reread Keynes. China, as we have discussed, saves too much and consumes too little.  It consequently finances both its own (exceptionally rapid) industri…

January 30, 2005

Financial Markets
Stephen Jen might want to rejigger his model

Apparently, Mr. Jen thinks the dollar -- despite the United States’ 6.2% of GDP current account deficit -- is significantly undervalued against all major currencies, and fairly valued against most As…