Elliott Morss has spent most of his career teaching and working as an economic consultant to developing countries on issues of trade, finance, and environmental preservation. Dr. Morss received a B.A. from Williams College in 1960 and a Ph.D. in political economy from The Johns Hopkins University ...
more Elliott Morss has spent most of his career teaching and working as an economic consultant to developing countries on issues of trade, finance, and environmental preservation. Dr. Morss received a B.A. from Williams College in 1960 and a Ph.D. in political economy from The Johns Hopkins University in 1963. He has taught at the University of Michigan, Harvard, Boston University, Brandeis, and most recently at the University of Palermo in Buenos Aires.
For several years, he worked in the Fiscal Affairs Department of the International Monetary Fund. He later helped establish Development Alternatives, Inc. (dai.com), a firm that became the largest contractor to the U.S. foreign assistance program (AID). Since his first IMF assignment in Ghana in 1966, he has worked in 45 countries. He has been the President of the Asia-Pacific Group, a British Virgin Islands for profit company with investments in Cambodia, China, and Myanmar. With Dr. Zhu Jia-Ming, he established Green China, an American NGO with the mission to increase the dialogue in China on the trade-offs between economic growth and environmental preservation. Dr. Morss has co-authored six books and published more than 50 articles in professional journals. He is currently working on a book that “road-maps” the rapidly evolving global financial services industry.
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The US Virus Problem Is Going From Bad To Worse: But There Is One Bright Ray Of Hope - Testing
www.youtube.com/watch
Ukraine – What Are The Real Numbers On US Support?
Not true. CNBC reports Israel’s long-standing special arrangement for funds from the United States previously allowed Israel to spend 26 percent of the money in Israel — on Israeli-made defense products.
Trump On Trade – A Primer
Moon Kil Woong: thanks for comment. We used to talk about comparative advantage where you produced what you were relatively good at producing. And as you say, this has gone pretty well for both China and the US over the last 4 decades. The future? I am hopeful. The US lobbyists for the farmers and other groups that China would target are working overtime to avoid a trade war. And while Trump is clueless about this stuff, he has become a politician and does not want to see his blue collar base hurt.
Gambling: A State Of The World Report
This is certainly a good strategy for those getting the news first. But my guess is that this information will almost instantly be reflected in prices....
Why The U.S. Pulling Out Of The Paris Accord Was A Real Mistake
Let's assume for the moment that man is not causing global warming. We should still plan to reduce dependence on fossil fuels.
Several reasons:
1. there is a limited supply of fossil fuels meaning that some time in the future, we will run out of them.
2. The mining of fossils fuels is dangerous with many thousands of deaths annually.
3. The burning of fossil fuels generates pollutants that also cause a large number of deaths every year.
There are also predictions that as a result of global warming, ocean levels will rise and more violent and dangerous storms will occur, In light of these predictions, precautions should be taken. And at the very least, the Federal govt. should stop subsidizing flood insurance in high risk areas.
Why The U.S. Pulling Out Of The Paris Accord Was A Real Mistake
Gary:
Was the Marshall Plan the result of global brainwashing? I think not. The US spent huge sums to get both allied and axis powers back on their feet after WW2.
Was it global brainwashing that led to the US funding the creation of the UN?
And when Kennedy created the Peace Corps. Was he brainwashed?
I think these 3 acts were the US at its best.
Pulling out of the Paris Peace Accord was conceding world leadership to others - not a good idea.
Why The U.S. Pulling Out Of The Paris Accord Was A Real Mistake
Gary: Thanks for your comment. I agree the earth will get warmer over at least the next decade as developing countries become more energy intensive. Nevertheless, the Paris Accord can bring pressure to bear on countries to reduce global emissions. It will also serve as an incubator for accelerated technologies. The US has already invested $1 billion in its climate fund and by leaving loses and say over how it is used.
There is also the point about the US abnegating its world leadership role. for more on this, see www.project-syndicate.org/.../paris-comes-to-pittsburgh-by-laurence-tubiana-2017-06
Brexit – Who Wins And Looses
Consumers have to be considered as well. They do not want any duties/restrictions on imports.
Brexit – Who Wins And Looses
Gary: Thanks for comment. Not sure why you say the UK is in driver's seat. Certainly its importers/exporters do not want increased restrictions on their access to the EU.
The Threat And Risk Of Rising Interest Rates: Separating Fact From Fiction
Chuck:
Thanks for your interesting piece. Just a couple of points I would mention:
1. Many have noted that P/E ratios are getting high relative to historic P/E. I would mention that the US has been the place for the world to invest. And this upward shift in demand will increase the "P" in the P/E ratio. So perhaps we should expect a higher P/E ratio going forward for US stock markets.
2. I am wondering how effective the Fed can really be in raising US interest rates. There is a healthy demand now for US Federal debt, and higher debt will certainly increase the demand for US debt.