The cover story for the current issue of The Atlantic calls attention to a recent book by CMC’s Minxin Pei.
It's a tool to battle inflation, not to influence the trade balance. Without measures to stimulate consumption in China, such a move won't help, writes Calla Wiemer, a CMC visiting associate professor of economics and a visiting scholar at UCLA's Center for Chinese Studies.
When they asked the question, Nature or Nurture: What Determines Investor Behavior?, finance professors Amir Barnea and Henrik Cronqvist were surprised by the results of their research. They did it by studying twins.
Tapes rolled at the Marian Miner Cook Athenaeum on Oct. 27, when CMC's Minxin Pei sat down with editor, columnist, and television host Fareed Zakaria for a conversation about growing, emerging markets, U.S.-China relations and more.
Is the "Great Recession" another Great Depression? Federal Reserve Chairmen Ben Bernanke and Christina Romer, President Obama's Head of the Council of Economic Advisors, seem to think so. The two policymakers have been implementing Great Depression style programs over the past year to counteract the current economic downturn.
Leadership is in some respects an elusive, even morally ambiguous quality. There are good leaders and bad leaders, to be sure, but I want to make a slightly different point. You cannot have leaders without followers, and especially in a democratic country this inescapable inequality galls.
The Obama White House's announcement that the United States does not accept the legitimacy of the continued expansion of Israeli settlements in the West Bank recalls a similar position taken twenty years ago by Secretary of State James Baker.