Save the banks!
Saving the banks is crucial, but the Government is dithering. As so often, Krugman is has a point or two..
Inflation and commodities boom?
We wrote earlier that the only solution out of the crisis is massive money creation by central banks. We don’t think this will bear too many inflationary risks, but some […]
An economic solution, at least in principle, is possible
Outsized money creation can salvage the mess, but the bill is rather large. Still, it’s becoming almost unavoidable..
Is it time for a gasoline tax?
There are numerous arguments in favour, and, when you think of it, not a whole lot against..
Is big government necessarily bad government?
Suddenly, capitalism is in flux. The superiority (or at least, perceived superiority) of the Anglo-Saxon free market model has waned. What’s next? Critics of the bail-out and expansionary fiscal policy […]
Krugman for president! II
As much as we dislike personal idolatry, however, we can’t disagree with this. If only because we wrote something similar a couple of weeks ago..
Not the end of free market capitalism, but the end of the unregulated version
Nouriel Roubini, aka Dr. Doom, was the economist who predicted most of the present mess years ago. He has still something valuable to teach us. Quite a few of these […]
Two instruments left..
The New York Times is not the only place with the best columist (Paul Krugman and Thomas Friedman). The Financial Times of London, an excellent newspaper, has Lionel Brittain and […]
Deflationary spirals and low-balling Krugman
Funny to see how nobody can deal with the arguments of Paul Krugman, who argues the government is the only party in the economy who can spend enough to prevent […]
Will they ever learn?
Banks are rapidly turning into the real villains. These once masters of the universe not only had a large part in triggering this recession by gambling with other peoples money […]