The Radford Free Press – Page 441 – All life is problem solving.

Modest Unemployment News

November 12, 2009

Thursday is the day each week when we get a glimpse at the trend in employment. The weekly data for new claims for unemployment assistance provides us with a general idea of what is going on in the job market. So today’s news that new claims dropped again, to 502,000, is a small but welcome […]

Economics / bailouts, banking, Citibank, Federal Reserve Board, GDP, Goldman Sachs, interest rates, monetary policy, regulation, unemployment /

Finance Reform

November 11, 2009

Well things are heating up. Senator Dodd released his much awaited – by people like me that is – proposed legislation for the reform of our broken down financial regulatory structure. The legislation weighs in at 1,136 pages of text, so I doubt whether anyone has read it yet unless they received a copy ahead […]

Economics / bailouts, banking, Citibank, Geithner, Goldman Sachs, Minsky, monetary policy, regulation /

Oh How They Are Mistaken!

November 10, 2009

In today’s Financial Times is an op-ed by Frederic Mishkin, a former Federal reserve Board governor advocating a benign attitude towards the current asset price run up that has all the worrying aspects of a bubble in the making. He urges us not to confuse what he sees as two kinds of bubble: the first, […]

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