With health care dominating the headlines, it was easy to miss the unfolding drama between Congress and the Obama administration about the legal war on terror. . . .
“Lessons from the Financial Crisis for Monetary Policy in Emerging Markets” was the title for the 2010 L.K. Jha Lecture, which I gave this week at the Reserve Bank of India in Mumbai. . . .
In going through memos I wrote at the Council of Economic Advisers, I came across the following memo that I wrote to Jeff Frankel, who replaced Paul Krugman as the International Finance economist at the CEA. . . .
with Niall Fergusonvia China Internet Information Center (China)
Sunday, February 21, 2010
As the globe "weans itself off the US dollar," the world's reserve currency is in question and the U.S. is being far too complacent about the demise. . . .
Vice President Joe Biden recently opined that he did not think the terrorists were able to pull off another attack of the 9/11 magnitude: "They are, in fact, not able to do anything remotely like they were able to do in the past.". . .