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Noel Maurer
Interests: My current research asks whether foreign governments or international institutions can improve economic governance. Is it possible to alter a country’s property rights system from the outside? This research has two prongs. The first is a historical work, tentatively entitled Imperial Experiments: Intervention, Economic Growth, and Property Rights, which tests various hypotheses about the success and failure of American attempts to improve economic governance outside the United States and protect the property rights of U.S. investors before World War II. The second is a series of contemporary case studies about attempts to alter nations’ internal economic governance from the outside: bilateral investment treaties, investor protection clauses in trade agreements, conditional loans, the “mortgaging” of export revenues, vulture funds, and military intervention. I also watch a lot of baseball, enjoy very bad music, and do a lot of travelling. The travel tends to be either in total luxury, or to places where I need to wear body armor and live in constant fear of, well, death.
Recent Activity
In this video, he says that he has not met a single Fortune 100 CEO who would change their investment strategy based on who wins the election, so the election does not matter. But that is just a fucking weird... Continue reading
Posted 4 hours ago at The Power and the Money
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There are some interesting contests out there this year that do not involve a fat crybaby! With ColoradoCare sinking in the polls (for understandable reasons) all eyes turn to the other Washington for initiatives worthy of the great laboratories of... Continue reading
Posted 5 hours ago at The Power and the Money
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So I took a peek at the Asian markets, and to the right you can see how the peso did against the dollar. The peso strengthed (down on this graph is stronger) 15 minutes in; it then soared between 9:30... Continue reading
Posted yesterday at The Power and the Money
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I'm going to try to add value. 10:40: Next time I will tweet. Gah, twitter. 10:38: Whew. He will accept a defeat. 10:37: Sweet Mary mother of Christ that Mr. Holt felt the need to ask that question. Oh my... Continue reading
Posted yesterday at The Power and the Money
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In general, Mexican politics is not consumed by values or lifestyle issues. But there are signs this is changing. Consider the bill that came out of the Mexican senate 73-0 restricting the use of reproductive technology to married couples. It... Continue reading
Posted 4 days ago at The Power and the Money
Yeah, this post (and this one) do not look so good. Mark to market. Lesson: polls can shift, a lot. But to defend my honor, Sam Wang’s latest projections are making this post look pretty good. If you take a... Continue reading
Posted 5 days ago at The Power and the Money
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... this essay is just weird. I mean, he predicts that there will be a movement to abolish nation states, not from some right-wing spectre of angry foreigners bearing down on the gates, but from citizens clamoring for more free-trade... Continue reading
Posted 5 days ago at The Power and the Money
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The history of Ireland after 1920 follows a pattern that’s fairly familiar: anti-colonial struggle results in a flight of capital and a loss of skilled labor as the colonial elites flee. The ideological efflorescence of the pre-independence period quickly disappears,... Continue reading
Posted 5 days ago at The Power and the Money
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Here is a paper which attempts to assess how Ireland has done since separating from the United Kingdom. It’s title: “The Old Connection Sundered? Ireland and the U.K. since 1916.” The problem is that the only counterfactuals posed are the... Continue reading
Posted Sep 13, 2016 at The Power and the Money
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OK, that is clearly true. I just spent a big chunk of time in Alabama, I know this to be true. But John Marshall at Talking Points Memo is understandably surprised that a recent poll shows the Fat Crybaby only... Continue reading
Posted Sep 8, 2016 at The Power and the Money
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The title of this post is a famous line in the Ford-Carter presidential debate in 1976. President Ford was asked a question about the Helsinki agreement, which according to the moderator, recognized that “the Russians have dominance in Eastern Europe.”... Continue reading
Posted Sep 8, 2016 at The Power and the Money
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On bad days, I really do think that modern communications technology really has ushered in something completely new. And maybe it will! But right now, this claim in The Atlantic that it the Internet has created a meaningless post-everything world,... Continue reading
Posted Sep 6, 2016 at The Power and the Money
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There is something wrong with the fact that most pro-Obamacare observers are calmly assessing the recent troubles and admitting error, while the opponents (okay, Megan McArdle) are now jumping on being right for the wrong reason without admitting any of... Continue reading
Posted Sep 6, 2016 at The Power and the Money
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In recent decades, the following trends have held in the United States: A few metro areas have prospered at the expense of everyone else; Within those metros, specific core neighborhoods (and a few suburbs) have prospered at the expense of... Continue reading
Posted Sep 6, 2016 at The Power and the Money
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Space is still hard. So far, we do not know if the second stage exploded or the hydrazine fuel in the Israeli satellite destined for GEO. (Facebook was going to use some of the bandwidth to bring internet service to... Continue reading
Posted Sep 4, 2016 at The Power and the Money
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What, this surprises you? Anti-vaxxer. Devaluing the life of a black child to save an animal. Saying that Hillary threatens nuclear war and is the equivalent of the Fat Crybaby in how immigrants will be treated. (Actually, that last might... Continue reading
Posted Aug 31, 2016 at The Power and the Money
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So let me get this straight. Drumpf flies in to Mexico City, goes to Los Pinos. (In a helicopter? I dunno.) Demonstrations against him are a damp squib, although Senator Gabriela Cuevas (PAN-National list) gives a blistering stemwinder that is... Continue reading
Posted Aug 31, 2016 at The Power and the Money
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The President of the United Mexican States and the Republican nominee will meet in Los Pinos, the presidential palace, which translates into “the pine trees.” They really will be sitting in the trees. No, I have no idea what President... Continue reading
Posted Aug 31, 2016 at The Power and the Money
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I know, peaches are normally associated with Georgia. But they grow fine peaches in Alabama. We were driving out near Rosa Park’s home town. On our way back to Montgomery, the kids passed out in the back seat. Those of... Continue reading
Posted Aug 29, 2016 at The Power and the Money
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The Piketty results are well-known, but new research casts some doubt on them. But the debate is not over: some of the new data make his hypotheses stronger. (Hat Tip: Bradley Hansen.) The paper everyone should read is by Richard... Continue reading
Posted Aug 28, 2016 at The Power and the Money
It appears that Governor LePage has gone off the deep end. Among other things, he said this: “Let me tell you this, explain to you, I made the comment that black people are trafficking in our state, now ever since... Continue reading
Posted Aug 26, 2016 at The Power and the Money
Speaking of health care, does everyone know that Colorado has single-payer on the ballot this November? The big problem is rising health care costs. You can come up with a program that covers its costs now, only to have it... Continue reading
Posted Aug 25, 2016 at The Power and the Money
It looks like the Obamacare exchanges are running into some trouble, which is disappointing for anyone who would like to see all Americans have access to affordable health care. The problem, as noted elsewhere, is that not enough healthy people... Continue reading
Posted Aug 25, 2016 at The Power and the Money
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Wow, the alt-right sure came out into the open fast. Like cockroaches from under a rock. One minute, invisible, next one, all over the place. Jesus, what an election. Anyway, I was drawn to one thing from the Vox explainer.... Continue reading
Posted Aug 25, 2016 at The Power and the Money
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I am in Snoqualmie, Washington, outside Seattle, talking about intellectual property and hanging out with the same GOP-centric establishment crowds I always hang with on the West Coast. One interesting comment came up in a discussion of whether, when and... Continue reading
Posted Aug 4, 2016 at The Power and the Money