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    Economics / home prices, real estate, stimulus, unemployment /

    Home Prices – Bottom at Last?

    August 26, 2009

    I neglected to point you to the Case Schiller index yesterday: it rose for the second month in a row. The increase was very slight but general across the country. This suggests that the long decline in home prices may be approaching an end. Just to put this in context: the index covers re-sale prices […]

    Economics / Ted Kennedy /

    Ted Kennedy

    August 26, 2009

    It is entirely inappropriate to continue blogging about the current set of issues that beset us without paying due deference to Ted Kennedy. In many of the debates that we are embroiled in from health care reform, to consumer protection in finance, and on to bank regulatory reform, Kennedy’s voice will be sorely missed. In […]

    Economics / banking, Bernanke, deregulation, Federal Reserve Board, interest rates, monetary policy, regulation /

    Bernanke Part 2?

    August 25, 2009

    Obama’s decision to re-appoint Ben Bernanke as Federal Reserve Board Chairman has stirred up the dust on Wall Street. Opinions vary wildly over whether it is a sound choice. The single point of agreement appears to be the unanimous idea that this is a very significant moment in the history of the Fed and the […]

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