China Makes the Right Move
Yesterday, China’s Central Bank reduced bank reserve requirements for large banks by 50 basis points to 19.5%. The Chinese know …
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Measuring Misery in Latin America 2014: More Dollarization, Please
In my misery index, I calculate a ranking for all countries where suitable data exist. My misery index — a …
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The Congressional Pack Rats
The U.S. Congress hoards real estate like proud pack rats. For example, the Department of Defense has 562,000 facilities that …
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On Greece: Plus Ça Change, Plus C’est la Même Chose
People keep asking me what I think about Europe’s most recent crisis (read: Greece). Well, my sentiments are exactly the …
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Dr. Krugman Meets Dr. Fox
Dr. Paul Krugman, the hyper-productive New York Times columnist and Nobel laureate, has produced a flood of fiscal factoids. He …
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Europe: A Fiscal & Monetary Reality Check
Led by Alexis Tsipras, head of Greece’s newly-elected, left-wing coalition, some other leading political lights in Europe—Messrs. Hollande and Valls …
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