Why Treasury Secretaries should stick with the strong dollar mantra

January 25th, 2018

Yesterday in Davos, Secretary Mnuchin left the impression that he might be reversing 25 years of US Treasury strong dollar policy by asserting that, “Obviously a weaker dollar is good for us as it relates to trade and opportunities.”  The dollar then had its biggest one day decline in nearly a year and bond yields rose.  Commerce Secretary Ross later joined the fray claiming that the US strong dollar policy was unchanged but this did not affect markets. READ MORE

If we want to improve global health, we need to start taxing the things that are killing us

January 18th, 2018

The world is going through a huge health transition, where the problems of the six billion people who live in emerging markets are increasingly the problems of the one billion people who live in rich countries. For the first time in history, more people suffer from eating too many calories than too few. Improving global health is no longer primarily about combating infectious diseases. READ MORE