This blog was brought to my attention by Paul Krugman in his own blog: FT.com | Willem Buiter’s Maverecon | Time to take the banks into full public ownership There is no need for me to add much other than to say that the argument makes sense and the number of voices in the nationalization […]

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 […]

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 […]