05/01/2019 | Economia y Finanzas
The Deteriorating US Economy
Economists cannot say with precision when the next U.S. recession will begin. But there is no reasonable doubt that the U.S. economy will weaken in 2019.
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30/01/2018 | Frente Externo
Trump’s Economic Agenda: The State of Dis-Union
The “forgotten” Americans – to whom Trump solemnly promised that they would be forgotten no more – are likely to go empty-handed.
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27/05/2016 | En Parrilla
Brexit: Two Unexpected Winners
Brexit: Everyone will lose — except Trump and his soulmate, Putin.
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04/05/2016 | Economia y Finanzas
The U.S. and the Real Outrage About the Panama Papers
Why isn’t the United States leading the charge to end global tax evasion via secret offshore accounts?.
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10/03/2014 | Frente Externo
Beyond Saber Rattling: Who Bails Out Ukraine?
Will Russia or the West bail out Ukraine’s economy?
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15/08/2009 | Medio Ambiente
The Case for a Carbon Tax to Control Climate Change (Part II)
It is unlikely that the world will agree to a single global strategy for climate change, especially when such universal agreement eludes us in virtually every other area.Cap-and-trade creates a trillion dollars or so in new financial instruments — the permits — that would be traded on financial markets. This spells trouble.A market for carbon permits would be very vulnerable to insider trading and manipulation.Permits would quickly become the focus of large-scale speculation, because speculators make their money off of price changes, and cap-and-trade inherently and inevitably produces high price volatility.
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15/08/2009 | Medio Ambiente
The Case for a Carbon Tax to Control Climate Change (Part II)
It is unlikely that the world will agree to a single global strategy for climate change, especially when such universal agreement eludes us in virtually every other area.Cap-and-trade creates a trillion dollars or so in new financial instruments — the permits — that would be traded on financial markets. This spells trouble.A market for carbon permits would be very vulnerable to insider trading and manipulation.Permits would quickly become the focus of large-scale speculation, because speculators make their money off of price changes, and cap-and-trade inherently and inevitably produces high price volatility.
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14/08/2009 | Medio Ambiente
The Case for a Carbon Tax to Control Climate Change (Part I)
By definition, the carbon tax provides a known price for carbon which can be set at whatever level scientists believe will enable us to meet the necessary goal of reducing greenhouse gas emissions.Cap-and-trade is very complicated and little understood by the public, creating an ideal environment for horse-trading by special interests.Cap-and-trade cannot provide a predictable price for carbon, which undermines the basic strategy of getting people to shift away from carbon-based fuels.In the first three years of the European Trading Scheme, its permit prices moved up and down by an average of more than 20% per month.
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14/08/2009 | Medio Ambiente
The Case for a Carbon Tax to Control Climate Change (Part I)
By definition, the carbon tax provides a known price for carbon which can be set at whatever level scientists believe will enable us to meet the necessary goal of reducing greenhouse gas emissions.Cap-and-trade is very complicated and little understood by the public, creating an ideal environment for horse-trading by special interests.Cap-and-trade cannot provide a predictable price for carbon, which undermines the basic strategy of getting people to shift away from carbon-based fuels.In the first three years of the European Trading Scheme, its permit prices moved up and down by an average of more than 20% per month.
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