The Radford Free Press – Page 393 – All life is problem solving.

Economics / Alan Greenspan, bailouts, banking, Federal Reserve Board, Financial Crisis Inquiry Commission, Keynes, Minsky, monetary policy, regulation /

Bank Crisis Aftermath: Greenspan Speaks

April 8, 2010

For those of us who have nothing better to do than get immersed in the banking crisis and its aftermath, this week has presented some riveting television. The Financial Crisis Inquiry Commission has been grilling some of the key players – dare I say villains? – of the implosion that led us into recession. Some […]

Economics / consumption, jobs, recovery, retail sales, unemployment /

Up And Down We Go: Jobs and Sales

April 8, 2010

The reports of the past two daysgive us a clear example of the way in which the optimists run the reporting of economic news. Yesterday it was retail sales. Today it is the normal weekly report on claims for unemployment assistance. Let’s starts with yesterday. Retail sales, if you read only the headlines, bounced back […]

Economics / bailouts, Brad DeLong, deficits, jobs, Keynes, Mark Thoma, Paul Krugman, recovery, stimulus, unemployment /

Jobs: Do We Give Up Too?

April 7, 2010

Mark Thoma has caused quite a stir. Which you probably missed because he’s a fairly unassuming academic in his normal guise, and a regular, sharp, commentator on his economics blog. He is one of those economists who pops up now and again in the media with a non-orthodox view, and a practical approach. Along with […]