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Push to Add to Stimulus Package Draws Debate - NYTimes.com
Relief for States and Struggling Families Provides Substantial Boost to Employment - CBPP
Stabilities and instabilities in the macroeconomy - voxeu.org
...
Other
Housing Market
Tim Duy:
The Fed in a Corner, by Tim Duy : Over the years, I have warned a seemingly
countless number of undergraduates that Fed's hold on monetary independence was
tenuous at best. Independence is not guaranteed by the Constitution. Congress
made the Fed, and Congress can unmake the Fed. ...
Government
Federal Reserve
At MarketWatch, I attempt to explain why employment lags output in recoveries , and why the lag has been increased after 1990: What Causes Employment to Lag Output in Recoveries? I give three reasons, and use one of them to explain the increasing lag.
Other
Employment Downturn
Unemployment
At MoneyWatch:
The Dodd Proposal to Restructure the Federal Reserve System Concentrates Power and Politicizes District Bank Governance, by Mark Thoma : A proposal from Senate Banking Committee Chairman Christopher Dodd
changes the selection process for key positions within the Federal ...
Government
Federal Reserve
Anglo Irish Bank
Chris Dodd
Financial Crisis
The economy needs more help from the government, but it's unlikely to get it:
The Big Squander, by Paul Krugman, Commentary, NYTimes : Earlier this week,
the inspector general for the Troubled Asset Relief Program ... released his
report on the 2008 rescue of the American International ...
Stocks
Paul R. Krugman
Financial Crisis
I agree with this:
Threatening the Fed's independence, by By Alan S. Blinder, Commentary, Washington
Post : The Federal Reserve's performance in this ...
crisis deserves separate grades. For the early crisis period, from the summer of
2007 until a few weeks after the Lehman Brothers ...
Stocks
Federal Reserve
China, the Renminbi, and Global Imbalances: A Quantitative View - Econbrowser
Bills offer clear path to better health care - Peter Orszag
U.S. Mortgage Delinquencies Reach a Record High - NYTimes.com
...
Other
Robert Reich refuses to give up on the public option:
Harry Reid, and What Happened to the Public Option, by Robert Reich : First
there was Medicare for all 300 million of us. But that was a non-starter because
private insurers and Big Pharma wouldn't hear of it, and Republicans and ...
Other
Jeff Sachs says that if world population doesn't stabilize relatively soon,
we're headed for trouble:
Transgressing Planetary Boundaries, by Jeff Sachs, Scientific American : We
are eating ourselves out of house and home. ... The green revolution that made
grain production soar gave ...
Other
When Paul DeGrauwe presented this paper at the What's Wrong with Modern
Macroeconomics conference (papers
here ), his argument that rational expectations models are the intellectual
heirs of central planning seemed to ruffle a few feathers:
Top-down
versus bottom-up macroeconomics, by ...
Other
At Failed Banks, Post-Mortems Disclose Excessive, Yet Obvious, Risk - NYTimes.com
How credit conditions will shape the economic recovery - voxeu.org
Top-down versus bottom-up macroeconomics - voxeu.org
...
Stocks
International Monetary Fund
Dani Rodrik
Lucian Bebchuk
Nouriel Roubini
American International Group
Edward Harrison
catches
this quote from Obama:
The president is in Beijing as part of his tour through several Asian countries
to address economic challenges. He spoke candidly about the precarious balancing
act his administration is trying to perform. He wants to spend money to ...
Government
US Trade Deficit
Barack Obama
Simple question. If George Bush was president instead of Barack Obama, would
the discussion and criticism of the war in Afghanistan be different? Why has
there been so little attention to this issue? This has been bugging me for quite awhile, people are dying everyday - many of them are ...
Government
Barack Obama
I just posted this at MoneyWatch : Housing starts fell unexpectedly last month. The Census report gives the details:
Privately-owned housing starts in October were at a
seasonally adjusted annual rate of 529,000. This is 10.6 percent
(±8.7%) below the revised September estimate of 592,000 and ...
Other
Housing Market
A Case in Antiquities for ‘Finders Keepers’ - NYTimes.com
Obamas Economic Policies are Working Effectively (debate) - intelligencesquaredus.org
Promise in a ‘Cash for Caulkers’ Program to Weatherize Homes - ...
Stocks
Anne Case
CBS Corporation
Adam Smith, the "Newton of political economy," may not be quite the "advocate of
‘market forces’, the enemy of government regulation, and believer in something
called the ‘invisible hand" that you've been led to believe:
The Very Best Short Summary of Adam Smith's ...
Other
Robert Reich says China won't be abandoning its currency policy anytime soon:
China and the American Jobs Machine, by Robert Reich, Commentary, WSJ :
President Barack Obama says he wants to "rebalance" the economic relationship
between China and the U.S. as part of his plan to ...
Government
Steve Jobs
Personal Finance
A report on the NY Fed's role in the AIG bailout is less than flattering:
Audit Faults New York Fed in A.I.G. Bailout, by Mary Williams Walsh, NY Times :
The Federal Reserve Bank of New York gave up much of its power in high-pressure
negotiations with the American International Group’s ...
Stocks
Federal Reserve
Financial Crisis
American International Group
UBS AG
I don't think the Chamber of Commerce could possibly hire a "respected
economist" because any economist working for this group would lose whatever
respect they might have:
Health bill foes solicit funds for economic study, by Michael D. Shear,
Washington Post : The U.S. ...
Other
Is dynamic inconsistency really the problem with inflation targeting? - Greed, Green and Grains
Audit Faults New York Fed in A.I.G. Bailout - NYTimes.com
Credit Constraints and the Persistence of Unemployment - ...