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February 15, 2006

Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter

I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…

June 14, 2011

Politics and Government
Campaign 2012: Hello Michele Bachmann, GOP Presidential Candidate

Congresswoman Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters) Michele Bachmann made some news at last night’s rather sedate GOP presidential …

Congresswoman  Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters)

June 21, 2011

Elections and Voting
Campaign 2012: Hello Jon Huntsman, GOP Presidential Candidate

It’s official. Jon Huntsman, the former Utah governor and U.S. ambassador to China, has formally announced that he is a Republican candidate for president. As he promised, Huntsman made the announcem…

Jon Huntsman

December 18, 2007

United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)

Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…

setser_gross_private_flows_01

May 27, 2014

India
Hello, Narendra Modi: Prime Minister of India

India did not produce Horatio Alger, but it certainly has produced a Horatio-Alger story: Narendra Modi. Yesterday the son of a poor tea seller took the oath of office as India’s fourteenth (or fifte…

Modi-India-Prime-Minister