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    Economics / bailouts, bank reform, banking, Goldman Sachs, regulation /

    Goldman In Washington

    April 28, 2010

    Nothing else in the economy matters today, all eyes are firmly on the theatrics of the Senate hearings as Senator Levin’s committee grills various Goldman Sachs executives on the way in which that firm profited from the great crash that its own activities precipitated. Anyone interested in the safety and soundness of our economy should […]

    Economics / consumption, fiscal policy, jobs, stimulus, unemployment /

    Unemployment – The Current Debate

    April 26, 2010

    For those of you sick and tired of the banking system and all the fuss being made about its reform, here’s an interesting diversion: how much of our unemployment problem is cyclical? and how much is structural? This is a vital question. Cyclical unemployment is that part that is cause specifically by the recession. The […]

    Economics / bank reform, banking, Federal Reserve Board, GDP, Goldman Sachs, regulation /

    Bank Reform Monday

    April 26, 2010

    Well, here we are. The Senate is heading for a showdown today on bank reform. The odds are that the Republicans will vote against allowing a vote. That will trigger a pile of useless invective from both sides. Then, miraculously, a brokered solution will pop up and be allowed to the floor. Quite what that […]

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