I wrote last Friday about the China/India hole in the American climate strategy: America appears to lack a high-probability strategy for how to get China, India, and Russia to agree to self-impose a significant positive carbon price. The Administration and its Congressional allies are trying to impose a significant carbon price in the U.S. through […]
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Tag Archives: world economy
What happened to FREE markets in London?
3 April 2009 
25 Comments
Thanks to Reuters’ MacroScope blog for noticing: Keith Hennessey, a former top economic adviser to President George W. Bush, saw this one coming. He rightly predicted that the Group of 20 would drop a key word from its communique at the conclusion of the London Summit: Free. Here is my original post from Wednesday: A quick […]
Read moreA quick guide to the G-20 summit
1 April 2009 6 Comments
The President has arrived in London for the G-20 economic summit.
Read moreWhat was accomplished at the G-20 Summit?
20 November 2008 Comments Off
Here is the “Leaders Declaration“ for the Summit on Financial Markets and the World Economy (aka the G-20 Summit) hosted by President Bush last Friday and Saturday in Washington, DC. This is the second of a two-part note. Here’s the first part. A fair amount of the press coverage followed a ready-made storyline: “Lame duck President […]
Read more The G-20 Summit in pictures
19 November 2008 Comments Off
The President hosted the Summit on Financial Markets and the World Economy this past Friday and Saturday at the National Building Museum here in Washington, DC. This is the first of a two-part note. Part one will describe the mechanics of the Summit and show some photos. Part two will describe the substance. The action began […]
Read more The President's speech on financial markets and the world economy
13 November 2008 Comments Off
President Bush spoke at the Manhattan Institute today on financial markets and the world economy. This speech is a prelude to the financial summit the President will host this weekend. I’ll write separately about the Summit, and about the elements of today’s speech that talk about principles for reform. I want to draw your attention […]
Read moreWhy are gas prices high, and what can we do about it?
23 May 2007 Comments Off
The national average price for a gallon of regular unleaded gasoline is one penny short of its all-time high (adjusted for inflation), at $3.22 per gallon. That’s about $1 per gallon higher than early last November. In recent years, it reached $3.04 in September of 2005, and $3.00 in August of 2006.
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