Japanese crash
Anyone seriously thinking we don’t need radical measures to get us out of the economic slump and that talk about the seriousness of the economic situation is just scaremongering hasn’t […]
Kristof on Education
We’ve already alluded to this excellent article by Nicholas D. Kristof in our last column, but it really deserves a full mentioning.
Which is the real catastrophe?
The editorial pages of the Wall Street Journal (otherwise an excellent newspaper) are usually politically situated to the right of Attila the Hun. That’s ok with us (live and let […]
Do tax payers need to bail-out the financial system?
Often, the best first approach to a difficult situation is to list as many ‘stylized facts’ as one can think off. Here is one ‘stylized fact’ to dominate all others: […]
Nationalize the banks VI
We’ve argued for some time that the best way to deal with the financial crisis would be to nationalize at least some banks (you can read that here, here, and […]
The Cultural Contradictions of Capitalism
The New York Times seems to have almost completely cornered the market for the best columnists. As you know, we’re big fans of Paul Krugman, but Thomas Friedman writes very […]
Since when is Karl Rove an economist?
The world faces an unprecedented recession, that could easily spiral into a deflationary rot from which it is very hard to escape, but politics is muddling the necessary response. This […]
Krugman for President!
We really have nothing to add to this article, and dare anyone to come up with any argument against it. It’s simply the best piece by far to appear for […]
Some conservatives are getting it
We wrote yesterday that the Republican resistance against the stimulus plan was a mistake, at least when it is based on the wish to include more tax cuts. If you […]
Republican mistake
We try to remain impartial, but sometimes the economics is so clear on an issue that, for the sake of truth, one cannot remain on the sidelines of a political […]