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Wednesday, July 15, 2015

Why Greece is More Like Argentina than Like Israel

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Bernard Avishai, who teaches business at the Hebrew University in Jerusalem, published an article in The New Yorker this week titled “ Why G...
Tuesday, July 7, 2015

Trump Blames US Export Woes on Chinese Currency Manipulation. Really?

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Donald Trump is surging in the GOP primary polls, partly on the basis of a carefully crafted reputation for telling it as it is. Even rival...
Tuesday, June 30, 2015

Program Notes for the Greek Endgame: Austerity, Cyprus, and How to Exit a Currency Area

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The Greek government has rejected the latest austerity and reform proposals from the EU, the ECB, and the IMF.  It has declared a national ...
Wednesday, June 17, 2015

A Critique of the ShadowStats Alternate Unemployment Rate

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A few weeks ago, I posted a critique of the alternate inflation measure devised by John Williams for his popular website ShadowStats.com . ...
Monday, June 1, 2015

Spillover from Russian Crisis Hits Latvian Economy, but So Far the Damage is Limited

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From the beginning, it was clear that the economic crisis in Russia would pose multiple problems for Latvia and its Baltic neighbors. Until...
Wednesday, May 27, 2015

How to Maximize the International Impact of US Climate Mitigation Policy

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A recent post by David Bailey and David Bookbinder on the Niskanen Center blog Climate Unplugged addresses a common Conservative criticism...
Wednesday, May 13, 2015

A Case Study in Natural Monopoly: China's Fading Dominance of Rare Earths

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Rare earth elements (REEs) are a group of seventeen elements with exotic names like neodymium and yttrium that are key ingredients in many ...