Power is shifting in the world economy
China seemed to have stabilized it’s economy and is starting to throw it’s weight around while predictable lobby’s in the US scheme to derail the efforts to regulate financial markets. […]
The big takeover
At the minimum, it’s an interesting, even compelling read.. It also touches on our theme of the harm unregulated capitalism has done, but it goes much further.. And in doing […]
Could Krugman be wrong?
This is actually a case where we hope so, but Brad DeLong, himself a respectable economics professor and Krugman admirer seems to think Krugman is too critical of the Geithner […]
Is the political system captured by big finance?
For a year, we’ve argued that sloppy or downright bad regulation, brought by what we called market fundamentalism (the belief that markets regulate themselves) has been the mayor reason behind […]
Temporary bank nationalizations, here’s another reason why
We have provided plenty of reasons why this would be the most efficient policy option, but just to find out and control what is happening with all that bail-out money […]
Bank plan falls short again..
After all the right moves from the Fed, the Geithner plan is, well, not so good…
Does the Fed read our blog?
Not likely, of course, but what they are doing now is exactly what we argued for some time…
Most idiotic article of the day..
Don’t worry. Let it all go. Recessions are self-correcting..
This too, will pass…
If only authorities would do the right thing.. Printing money will slay the recession..
Long live conservative banks and conservative policies
More and more evidence that countries which have a tight grip on their financial system have fared better, much better, in the present crisis..