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Thursday, December 30, 2010

Economics in Fiction: Two Post-Christmas Book Reviews

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Anyone who has studied a little economics knows that popular fiction usually avoids economic themes, and if it does not, butchers them. Yet ...
Sunday, December 19, 2010

U.S. Ethanol Subsidies: A Bad Policy That Refuses to Die

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U.S corn farmers and ethanol distillers are among those celebrating passage of last week's tax bill. A little-noticed provision of the l...
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Tuesday, December 14, 2010

Does Argentina's "Nike Effect" Hold Lessons for Europe?

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What happens when a country faces forced austerity, a banking crisis, a risk of sovereign default, and pressure to abandon a currency peg it...
3 comments:
Sunday, December 5, 2010

Progress on Korea-US Trade Offers Contrast with Talk of Protectionism

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This week's finalization of the long-delayed Korea-US Free Trade Agreement (KORUS FTA) offers a welcome contrast with all the gloomy tal...
Sunday, November 28, 2010

How Chinese Inflation Policy Will Shape the Yuan-Dollar Exchange Rate

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By freezing its exchange rate and pulling out all the stops on fiscal and monetary stimulus, China got through the global recession with onl...
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Tuesday, November 16, 2010

No Fix For US Fiscal Policy without New Rules

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A short time ago, I wrote that the EU needs better rules for fiscal policy. So does the United States. A new report from the Peterson-Pew ...
Thursday, November 11, 2010

Update on Fiscal Consolidation: The Draft Report of The President's Debt Commission

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My initial reaction to yesterday's draft report of the bipartisan National Commission on Fiscal Responsibility and Reform is very positi...
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