The Slack Wire

Government shutdown, debt ceiling deadline just around the corner. Were you watching this show when it was first on, in the summer of 2011? ...

A bit more on shifting trade flows following the 1997 Asian Crisis. Enno Schroeder, whose decomposition  of European trade flows I've...

The papers are full of the rupee crisis. India's worst economy in decades, supposedly. The silver lining, according to this morning...

I put up a post the other day about Enno Schroder's excellent work on accounting for changes in trade flows. Based on the comments, th...

I just participated (for the last time, thank god) in the UMass-New School economics graduate student conference , which left me feeling pre...

In comments to yesterday's post on exchange rates and European trade imbalances, paine (the e. e. cummings of the econosphere) says, ...

The Euro crisis. One thing sensible people agree on is that the crisis has little or nothing to do with fiscal deficits  (government borrowi...

Do exchange rates drive trade flows? Yes, says Dean Baker David Rosnick. Prices matter : What happens to the economy as the dollar falls?...

Mike Konczal has kindly reposted my back-of-the-envelope estimate of how much a dollar devaluation would boost US demand. (Spoiler: Not mu...

Mike Konczal points me to this interesting piece by Walker Frost in The American Scene, on the Chinese currency peg. I asked earlier how m...

Another day, another Paul Krugman post blaming China for US unemployment. And maybe he's right. But it would be nice to see some number...

Lots of economists of the liberal Keynesian persuasion ( Paul Krugman , Dean Baker , Robert Blecker [1] -- very smart guys all) think dollar...