My Two Cents

How to regulate the financial system will be critical once we are past the crisis. One of the more thoughtful writings on the subect is by Clive...

There's a lot of discussion in the econ blogsphere and editorial pages about the fiscal stimulus "multiplier" effect on the economy and whether tax...

Is it any wonder consumers aren't spending? Even if consumers could borrow--would they?...

A disturbing sign of the parlous state of the newspaper industry. The New York Times is a junk bond....

One of the more enjoyable and stimulating blogs is by Nobel Laureate Gary Becker and Judge Richard Posner. The two scholars at the University of...

The Wall Street Journal on Jan. 17 has a good article on target date funds. (You need a subscription to look at many WSJ articles. Here's the link....

More evidence that deflation lies in our future....

Catching up on my reading. The Harvard University economist Richard Freeman calculates that CEOs are make in a couple months what an average worker...

It's easy to beat up on people for borrowing too much....

In trying to figure out what is going on as we stumble our way throught the worst financial crisis since the 1930s it's worth reading "The Cycles...