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    Economics /

    An Example of Bad Economics

    January 19, 2009

    Floyd Norris in today’s New York Times says exactly the wrong thing in response to the banking crisis. Here is his comment: Should We Force Banks to Lend? – Floyd Norris Blog – Norris is an unapologetic free market economist and so it is easy for him to make wrong headed comments like this. His […]

    Economics /

    ‘Bad Bank’ Idea Surfaces

    January 19, 2009

    Sorry to throw Krugman at you two days in a row, but he seems to be the only one making sense on the latest fun issue to leak out of Washington: the old ‘bad bank’ idea is back in town. Here is his Op-Ed piece this morning: Op-Ed Columnist – Wall Street Voodoo As someone […]

    Economics /

    Interest Rates and Inflation

    January 18, 2009

    Good weekend reading for those who want to go a little deeper into the perils of our economy. First a link to Paul Krugman’s blog at the New York Times: Op-Ed Columnist – Paul Krugman Blog I want to call your attention to two of his entries: First is the short piece about ‘Zero Lower […]

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