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    Economics / banking, Bernanke, deficits, deregulation, Federal Reserve Board, home prices, inflation, interest rates, jobs, monetary policy, real estate, recovery /

    Ideology, The Fed, and The Blame Game

    February 9, 2011

    Here we go. The next couple of years promise to bring us lots of fun as the newly elected Republicans bring their libertarian notions into the public gaze and out from the shadows where they have lurked hitherto. Today we got off to a good start as Ben Bernanke was quizzed in one committee, while […]

    Economics / banking, Bush, creditors, food prices, health care, inflation, jobs, stimulus, unemployment /

    Jobs and Food, and Policy Freeze Ups

    February 7, 2011

    I used to joke that the most important ingredient for a good economy was good weather. Add that to a growing population to supply an ever increasing workforce, and you are all set. Our recent spate of bad weather seems to confirm that. I wasn’t able to comment on Friday’s employment report, so I have […]

    Commentary, Economics /

    Tectonic Economics

    February 2, 2011

    Martin Wolf, in this morning’s FT [no link sorry] gets into something really interesting, and it relates to my comment yesterday, on the RWER blog,about the US being in decline. Since that is contentious I need to spend some time on it. Wolf’s point is that the recent crisis, to the extent that it now […]

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