Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Monetary System
A conversation with Richard Posner on Charlie Rose
Posner is touting his new book "A Failure of Capitalism: The Crisis of '08 and the Descent into Depression." This video with Charlie Rose runs just under 25 minutes.
A conversation about the growing fiscal deficit on Charlie Rose
Alan Blinder, David Leonhardt, and Alan Auerbach talk about deficits. Leonhardt had a well-regarded piece in the New York Times on the issue linked below. There are two basic truths about the enormous deficits that the federal…
The psychology of economic forecasting
Submitted by Edward Harrison of the site Credit Writedowns.
During the last generation, the economics profession has veered toward a ‘science’ model of economics and finance. The intellectual underpinnings for this development began with…
Repayments will make banks weaker and could lead to more failures
Yesterday, I argued that allowing banks to repay TARP funds meant a continuation of overcapacity in financial services, which was a direct contributor to the credit crisis through its dampening impact on unlevered returns. Some of the…
Ten big banks receive approval to repay TARP funds
If you thought the bailout of too big to fail institutions was a massive gift from taxpayers to captains of Wall Street, the news that TARP funds are being repaid should confirm your beliefs. Just today the U.S. Treasury has agreed to…
Daniel Kahneman speaks about Behavioral Economics at Georgetown graduation
The real lecture begins about 5 minutes through.
Former Countrywide head Mozilo is charged by the SEC
It’s about time. The SEC has finally charged a high level executive in the banking industry in connection with activities that led to the largest bubble in U.S. history. The accused, as expected, is Angelo Mozilo, otherwise known as “The…
Central banks will face a Scylla and Charybdis flation challenge for years
Nearly a month ago, back on May 5th, I highlighted some testimony by Federal Reserve Chairman Ben Bernanke before congress in a post labelled, “Bernanke expects recovery later this year". In his testimony, Bernanke used the phrase…
Kasriel: ‘greater risk for the global economy…is inflation’
So we can put a check by Paul Kasriel’s name for inflationistas because he has come out today with a report saying he believes it is inflation over the medium term which is the greatest risk to the economy. I will not keep you in…
A conversation about Bear Sterns and the economic crisis
Charlie Rose's site says of this video clip:
A conversation about Bear Sterns and the economic crisis with Kate Kelly, author of "Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street" and William D. Cohan,…