Category Archives: Conservatives and Liberals

Does the Economy Really Do Better Under Democratic Presidents?

Hillary Clinton has been saying that the US economy does much better when a Democrat is president than when a Republican is.  When the press goes to fact-check the claim, they can be forgiven for having  a presumption that it … Continue reading

Posted in 2016 Presidential Campaign, Clinton, Conservatives and Liberals, economics, Fact-check, Hillary | Leave a comment

Fiscal Education for the G-7

As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars … Continue reading

Posted in 2008 presidential election, 2012 presidential election, Africa and commodities, Asia, Budget, China, Climate Change, Commodities, Conservatives and Liberals, Dollar, Economic Development, economics, Emerging markets, Euro, Europe, Exchange Rates, Financial Crisis, Financial Regulation, Fiscal Stimulus, Gas Prices, Inflation, International Cooperation, International Monetary Fund, International Trade, Investing, Iraq, Japan, Labor Market, Laffer Curve, Latin America, Monetary Policy, Nobel Prize, Obama Administration, Oil, Poverty | Tagged , , , | Leave a comment

TPP Critics’ Nighttime Fears Fade by Light of Day

The TPP (Trans Pacific Partnership) that was finally agreed among trade negotiators of 12 Pacific countries on October 5 came as a triumph over long odds.  Tremendous political obstacles, domestic and international, had to be overcome over the last five … Continue reading

Posted in Asia, Conservatives and Liberals, Environment, International Trade, Obama Administration, Trade | Tagged , , , , , , | Leave a comment

New and Improved Trade Agreements?

WASHINGTON, DC – Trade is high on the agenda in the United States, Europe, and much of Asia this year. In the US, where concern has been heightened by weak recent trade numbers, President Barack Obama is pushing for Congress … Continue reading

Posted in Analysis, Budget, Conservatives and Liberals, Dollar, Economic Development, economics, Emerging markets, Exchange Rates, Financial Crisis, Financial Regulation, Fiscal Stimulus, Investing, Recession | Leave a comment

Give Obama Trade Promotion Authority

Trade is now high on the agenda in Washington. President Obama is pushing hard for Congress to give him Trade Promotion Authority (TPA), once known as fast-track authority.  He intends to use it to complete negotiations with 11 trading partners under the … Continue reading

Posted in Analysis, Budget, Conservatives and Liberals, Dollar, Economic Development | Leave a comment

Asia Games: Not Zero-Sum

Two hostesses are rivals in a popularity contest throughout the social season.  When they hold soirees on the same night invitees must choose which one to go to.  The hostesses guard their social ranking jealously, and may even punish a … Continue reading

Posted in Analysis, Budget, Commodities, Conservatives and Liberals, Dollar, economics, Emerging markets | 1 Comment

Does the Dollar Need Another Plaza?

We are at the 30th anniversary of the 1985 Plaza Accord.  It was the most dramatic intervention in the foreign exchange market since Nixon originally floated the US currency.   At the end of February 1985 the dollar reached dizzying heights, which … Continue reading

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Will Fed Tightening Choke Emerging Markets?

CAMBRIDGE – As the Federal Reserve moves closer to initiating one of the most long-awaited and widely predicted periods of rising short-term interest rates in the United States, many are asking how emerging markets will be affected. Indeed, the question … Continue reading

Posted in Analysis, Budget, Conservatives and Liberals, Dollar, Economic Development, economics, Emerging markets, Exchange Rates, Recession | Leave a comment

The End of Republican Obstruction

CAMBRIDGE – What a difference two months make. When the Republican Party scored strong gains in last November’s US congressional elections, the universally accepted explanation was that voters were expressing their frustration with disappointing economic performance. Indeed, when Americans went … Continue reading

Posted in Analysis, Budget, Conservatives and Liberals, Dollar, Economic Development, economics, Emerging markets | Leave a comment

8 Policy Recommendations for Newly Elected Members of Congress

On December 3, 2014, I participated in a panel of Harvard University’s Bipartisan  Program  for  Newly Elected Members of Congress.   After establishing that the median US household has not shared in recent strong economic gains, I went on to consider policy remedies. I … Continue reading

Posted in Commodities, Conservatives and Liberals, Dollar, Economic Development, economics, Emerging markets | Leave a comment