GLOBALIZE THIS!
Friday, February 04, 2005
  LIES, DAMN LIES, AND ACTUARIES

CNN is rapidly becoming a Social Security misinformation machine:

From Media Matters:

For the second time in three days, CNN economics correspondent Kathleen Hays made an inaccurate claim regarding Social Security. On the February 3 edition of CNN's Wolf Blitzer Reports, Hays incorrectly claimed that under the current system, workers are unable to "pass their Social Security retirement benefits on to their heirs." In fact, surviving spouses and children can all obtain benefits based on the lifetime payroll taxes paid by a deceased parent or spouse.

As the Social Security Administration explains, a surviving spouse is entitled to receive the "full benefits" that the deceased spouse would have been entitled to upon reaching the standard retirement age (currently 65, but scheduled over time to increase to 67). Even divorced spouses are entitled to those benefits, subject to certain conditions. Before reaching retirement age, a surviving spouse caring for a child under the age of 18 (or 19 if that child is still in high school) is also entitled to receive significant monthly benefits.


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Perhaps she's on the Bush administration payroll? It's happened before.
 
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Thursday, February 03, 2005
  MARKETIZING THE WORLD

In the "Why didn't I think of that?" category: Sun Microsystems, as reported in today's FT is planning to marketize surplus computing power.
 
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Monday, January 31, 2005
  GLOBALIZATION, THE LONG VIEW

Married life (1 week and counting) and graduate school are really taking their toll on my blogging time. I never realized before I had so much to say about the evolution of China's foreign exchange regime. Now I can't shut up about it. (Paper will be posted when finished, guaranteed cure for insomniacs).

In the meantime, and in lieu of my now remotely remembered penchant for sanguine and timely analysis of globalization related news and developments, here is a brief timeline of the not-so-brief development of our globally interconnected world: A Quick Guide to the World History of Globalization
 
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Unconventional wisdom on global political economy.

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