Mark Thoma at Economist View points us to Stiglitz and Rogoff on Europe’s Financial Troubles: Joseph Stiglitz:Can the Euro be Saved?, by Joseph E. Stiglitz, Commentary, Project Syndicate: …Fixing the exchange rate and delegating monetary policy to the European Central Bank eliminated two primary means by which national governments stimulate their economies to avoid recession. […]
Roosevelt Institute Senior Fellow Marshall Auerback and Braintruster at the New Deal 2.0 explores the comparison between Greece and the US: YES VIRGINIA, THERE IS A DIFFERENCE BETWEEN GREECE AND THE US By Marshall Auerback Many market analysts, commentators and economists claim to be having a hard time finding a metric in which the US […]
A Few Relationships Between Expansions and the Recessions that Follow Them by cactus Good evening, and welcome. Last week I had a post looking at the recessions since 1929 (i.e., since the BEA began computing GDP data). Each recession was ranked according to its length and severity, and by the political party of the President […]
by Linda Beale The Deficit Commission Ever since Alice Rivlin spoke here at Wayne about her role on the upcoming Deficit Commission and her belief that we must cut entitlements, I have been worried. This seems like the same center-right coalition to undo the New Deal that has been rampaging in the country for four […]
by Linda Beale published on ataxingmatter April 28 Financial reform–the GOP’s “chicken game”; and is it hedging or casino betting when banks go short on products they have created/sold to customers? Edited to add additional links 4/28/10 at 5:35pm As the GOP blocked progress on the Senate finance bill for a third time (56-42) in […]
by Linda Beale The IRS released its draft schedule and instructions for the new initiative (announced late in January by Commissioner Shulman and set forth in Ann. 2010-9) for disclosure on new Schedule UTP on uncertain tax positions for taxpayers with assets of $10 million or more. The release, Ann. 2010-30 [Download Ann.2010-30. uncertain tax […]
by cactus John McWhorter on James Patterson and Some Odd Numbers on Black Childhood Poverty I’m kinda in the home stretch for the fact checking on my book – we’ve revised and rewritten and rechecked so many times I’m ready to plotz, but even so, I’m willing to bet some mistakes will creep in. Its […]
Just cactching up. Hat tip to Mark Thoma for the post on the Milken Global Conference. He mentions the panel on Geopolitics, Global Demand and the Quest for Energy Security”, and the video from the session Roubini and Milken Debate Where we’ve been-where we’re going