The president’s choice of Bob Zoellick to be the new World Bank chief seems pretty obvious after the fact. He’s a loyal Bush soldier rather than an out-on-a-limb advocate like Wolfowitz, which means he’s less controversial among administration critics yet more likely to actually do what the administration wants, whatever that might be. Perhaps most [...]

A special treat for the millions of German-speaking Curious Capitalist readers: An interview I did with the Austrian daily Der Standard about Rupert Murdoch’s Dow Jones bid. I don’t think there’s much of anything in it I haven’t already said in this blog, so I won’t bother translating. But here’s a thrilling excerpt. DER STANDARD: [...]

Curious Capitalist regular Peter Varhol had an interesting comment on my China column. An excerpt: I’ve always been confused by the spend versus save debate … What is bizarre, I think, is that while economists and economic writers such as yourself bemoan the lack of savings behavior in the US, tax policy decidedly supports spending [...]