nytimes.com - 12/19/2008
—
The vast riches achieved by those who managed other people’s money have had a corrupting effect on our society as a whole. >
nytimes.com - 12/26/2008
—
nytimes.com —
President-elect Barack Obama has said that he wants
to “make government cool again.” Before Mr. Obama can...
make government cool, however, he has to make it good. >
(more)
Op-Ed Columnist: Barack Be Good
nytimes.com - 12/26/2008
—
nytimes.com —
Times have changed. In 1996, President Bill Clinton,
under siege from the right, declared that “the era...
of big government is over.” But President-elect Barack Obama, riding a wave of revulsion over what conservatism has wrought, has said that he wants ...
(more)
Op-Ed Columnist - Barack Be Good
Comments
Blog Reactions
Paul Krugman: The Madoff Economy
Economist's View —
The costs of "America's Ponzi Era":
The Madoff Economy, by Paul Krugman, Commentary, NY Times: The revelation
that Bernard Madoff — brilliant investor (or so almost everyone thought),
philanthropist, pillar of the community — was a phony has shocked the world, and
understandably so. The scale of his alleged $50 billion Ponzi scheme is hard to
comprehend.
Yet surely I’m not the only person to ask the obvious question: How
different, really, is Mr. Madoff’s tale from the story of the investment
industry as a whole?
The financial services industry has claimed an ever-growing share of the
nation’s income over the past ...
Madoff as Metaphor
EconLog: Library of Economics and Liberty —
Paul Krugman writes , How different, really, is Mr. Madoff's tale from the story of the investment industry as a whole? Meanwhile, I've been thinking that Madoff is a perfect analogy for the public sector. The government gives people money, which it expects to obtain by taking the money from people in the future. Even the Center on Budget Policy and Priorities, not known as a right-wing organization, sees the U.S. fiscal stance as ...
Related Content
Op-Ed Columnist - Fannie, Freddie and You - Op-Ed
nytimes.com 10/2/2008 — And now we’ve reached the next stage of our seemingly never-ending financial crisis. This time Fannie Mae and Freddie Mac are in the headlines, with dire warnings of imminent collapse. How worried should we be? Well, I’m going to take a contrarian ...
Op-Ed Columnist - Lest We Forget
nytimes.com 11/28/2008 — A few months ago I found myself at a meeting of economists and finance officials, discussing what else? the crisis. There was a lot of soul-searching going on. One senior policy maker asked, “Why didn’t we see this coming?” There was, of course, ...
Op-Ed Columnist: Decade at Bernie’s
nytimes.com 2/16/2009 — Like the duped investors who believed in Bernard Madoff’s scheme, America has thought it was rich in the first decade of the 21st century. >
Op-Ed Columnist - Let’s Get Fiscal
nytimes.com 10/17/2008 — The Dow is surging! No, it’s plunging! No, it’s surging! No, it’s ... Nevermind. While the manic-depressive stock market is dominating the headlines, the more important story is the grim news coming in about the real economy. It’s now clear that ...
Op-Ed Columnist: The Big Test
nytimes.com 2/24/2009 — The Obama administration sees this economic crisis as an opportunity to expand its reach, but I fear that in trying to do everything at once, it will do nothing well. >
Op-Ed Columnist: Behind the Curve
nytimes.com 3/9/2009 — The Obama administration’s economic policy is already falling behind the curve, and there’s a real, growing danger that it will never catch up. >
Op-Ed Columnist
nytimes.com 22 days ago — Consider, for a moment, a tale of two countries. Both have suffered a severe recession and lost jobs as a result but not on the same scale. In Country A, employment has fallen more than 5 percent, and the unemployment rate has more than doubled. In ...
Op-Ed Columnist - Something for Nothing
nytimes.com 6/24/2009 — On May 12, the Senate Finance Committee held a hearing on health care reform. There was a long table of 13 experts, and a vast majority agreed that ending the tax exemption on employer-provided health benefits should be part of a reform package. ...
Op-Ed Columnist: Learning How to Think
nytimes.com 3/26/2009 — The marketplace of ideas doesn’t clear out bad pundits and bad ideas partly because there’s no accountability. It is about time that changed.
Op-Ed Columnist - Revolt of the Nihilists - Op-Ed
nytimes.com 9/30/2008 — In 1933, Franklin Roosevelt inherited an economic crisis. He understood that his first job was to restore confidence, to give people a sense that somebody was in charge, that something was going to be done. This generation of political leaders is ...
Follow WallStreetBlips on Twitter
