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Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:47 am EDT
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The Times' Rorshach Geithner Story
The New York Times has provided a handy blogging point for today in the form of a long piece on the relationships Tim Geithner formed while head of the New York Fed. The story is based in part on the ... Continue
Sinking Animal Spirits
There are many more pandemic threats than there are pandemics, and so I hope and expect that swine flu will run its course fairly quickly and without too much damage being done. Still, it's difficult to overstate how bad the ... Continue
Counter-cyclical Urban Policy
Matt Yglesias contrasts the fates of the Flint, Michigan and Baltimore, Maryland and the respective policies those fates imply. Where Flint is a declining city in a declining region, which needs help managing its decline, Baltimore is a struggling city ... Continue
Be Your Own Counterfeiter
One of the stories that was circulating through CNN's news coverage this weekend (but which may have now been crowded out by swine flu, on which more later), was a major bust of counterfeit goods in Brooklyn, New York. Authorities ... Continue
Being Tim Geithner
Justin Fox takes a crack at listing all the possible reasons that the administration might be following its current banking strategy (and offers me a kind welcome; thanks Justin!). He says he's leaning toward the following two explanations:- It's the ... Continue
Notes From a Press Conference Naif
I was in attendance at Tim Geithner's press conference yesterday, at which he spoke briefly about the G7 Ministers meeting and answered a few questions. I hope it isn't too damaging to my credibility as an economics writer to say ... Continue
What Good is the News?
No doubt you've heard from or about Amity Shlaes in recent months. She's been in demand; her revisionist views on the impact of the New Deal on the economy of the Depression have made her the darling of conservatives seeking ... Continue
Stressful Enough
The outline (PDF) of the methodology used to stress test the banks is out, and I already see some people arguing that it's not nearly stressful enough. And they have a point; the adverse scenario only has unemployment heading a ... Continue
Not Regretting the Pound
It has been interesting to watch the pendulum of opinion on the benefits of eurozone membership swing back and forth during the financial crisis and recession. For every country who ends up wishing they were on the euro (Iceland), there ... Continue
Introducing the New Ford Squeeze
The most fascinating thing to me about the coverage of the fate of Chrysler and General Motors is the extent to which the language has changed since earlier this year and late last year. In 2008, the automakers were all ... Continue
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