delong.typepad.com - 8/8/2009
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Robert Lucas provides an annoying defense of his brand of economics here in the Economist :
Economics focus: In defence of the dismal science | The Economist : THERE is widespread disappointment with economists now because we did not forecast or prevent the financial crisis of 2008...
...
baselinescenario.com - 8/14/2009
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baselinescenario.com —
In November 2002, Ben Bernanke apologized – for
the Fed’s role in causing the Great Depression of...
the 1930s. “I would like to say to Milton [Friedman] and Anna [Schwartz]: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to ...
(more)
Waiting For The Federal Reserve’s Next Apology
globaleconomicanalysis.blogspot.com - 8/10/2009
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globaleconomicanalysis.blogspot.com —
Economist Paul Krugman and Obama's economic adviser Laura
Tyson claim U.S. Economy May Be on Brink of...
Recovery . The U.S. economy may be on the cusp of a recovery and the impact of the nation’s stimulus plan should increase this quarter, said Laura ...
(more)
On the Brink of Recovery
bloomberg.com - 8/9/2009
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bloomberg.com —
Aug. 10 (Bloomberg) -- Ben S. Bernanke deserves
another term as Federal Reserve Chairman based on his...
success in battling the financial crisis, said Princeton University Economist Paul Krugman , a winner of the Nobel Prize. “He’s earned the right to ...
(more)
Krugman Says Bernanke Should Be Reappointed to Fed (Update2)
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My Lucas Critique
Mises Economics Blog —
... what the "rational" strategy is, even though the commonsense strategy pays more in practice. (Believe it or not, I think Brad DeLong and I are in basic agreement regarding Lucas.) ...
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