…Operations of the OASI Trust Fund, Calendar Years 1937-2003). From 1957 to 1962 and from 1975 to 1983, SSTF drew down its accumulated reserves – and there was no declaration…

…foreign oil. From the outset, Cafe standards were easy to game. To meet them, a car manufacturer could still sell a lot of inefficient cars, provided that it sold enough more…

According to recent reports, as of January 2025, US crude oil inventory is considered to be in a “good shape” with levels slightly below the five-year average. This indicates a…

…be needed over the next 15 years just to maintain Venezuela’s current output. “Seizing oil reserves that are in the ground is completely different than actually producing those reserves and…

…flows (Port Inv – Bal, generally financial assets), foreign direct investment (FDI, or stickier capital flows), financial derivatives, ‘other investments’, and official reserves (ECB asset accumulation). Since the crisis started,…

…insurance exchanges, including a 1) description of services, 2) employee eligibility for a premium tax credit IF the employee purchases an exchange insurance product, and 3) the downside of the…

…Baucus Plan and the Exchanges he starts off with: Color me impressed. I’ve argued before that the Health Insurance Exchanges are the most important piece of health-care reform, and they’re…

…“My early take on the ACA-contraception-mandate-case argument: Alito conflates the Securities Exchange Act with state-law corporate-structure statutes (yikes); Kennedy really, really wants to give corporations the full complement of human…

…at least one person better off without making anyone worse off. According to the standard fable, voluntary exchange results in a Pareto improvement because each party in the exchange gets…

…It might be possible to understand them some day, but not usefully soon. Most foreign exchange transactions are speculative — forecasts of future exchange rates are the whole point not…