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    Economics / banking, bankruptcy, capital ratios, Fama, Federal Reserve Board, Geithner, Minsky, monetary policy, regulation, Tobin tax /

    Comments To Tim Geithner

    September 11, 2009

    Mr. Secretary: Thank you for giving me this opportunity to present my comments and suggestions regarding the potential reform of the US banking and financial system. Let me preface my comments by thanking you, your predecessor, and the Chairman of the Federal Reserve Board for the decisive and apparently successful efforts you made to remedy […]

    Economics / Bush, health care, income distribution, jobs, poverty, Reagan, real incomes, unemployment, wages /

    Earnings, Poverty, and Health Insurance

    September 10, 2009

    Today’s release by the Census Bureau of its annual Earnings and Poverty report has some interesting information in it that should give us all pause as we consider public policy options for the next few years. Not surprisingly household incomes have taken a beating over the last twelve months: the median household income adjusted for […]

    Economics / Alan Greenspan, banking, Bernanke, Fama, Federal Reserve Board, Huffington Post, Lucas, Paul Krugman, Prescott, regulation /

    The Federal Reserve Board

    September 9, 2009

    The central role of the Fed has put it top of many people’s agenda’s as either a heroic bastion against the disasters wrought by the big private banks, or as the epicenter of all that is evil in the tangled world of oligopolistic big money. The truth is somewhere in the middle. I don’t want […]

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