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    Economics / Bernanke, Federal Reserve Board, fiscal policy, GDP, interest rates, monetary policy, recovery, stimulus, unemployment, wages /

    Bernanke: Mr Long Run

    August 26, 2011

    Relax. In the long run it will all be OK. Between here and there … well now, that’s an interesting question, and one that we all ought to ponder, be sensible about, and generally discuss. The one thing we now know is that the Fed is not seriously involved in offering a solution to the […]

    Commentary /

    Steve Jobs

    August 25, 2011

    Let me take a moment to add my thoughts to those already piling up about the news of Steve Job’s resignation from Apple. As an unreconstructed Apple fan, user, and advocate this is a sad day. Having stuck with the company through its lean years, and how lean they were, having basked in the glow […]

    Commentary /

    On Expertise

    August 24, 2011

    Two snippets in the past few Financial Times editions have set me wondering once more about a favorite topic of mine: the relationship between the complexity of a modern economy [and society in general] and our consequent reliance on the expertise of others. There is, of course, little new in this: it is a standard […]

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