Does anyone know how to save a word into Blogger’s dictionary? I’m really getting tired of ignoring its questions about “DeLong,” “Krugman,” and “Bernanke.”

Alan Greenspan: The U.S. Federal Reserve has done all it can do to reduce unemployment and needs to worry more about the risk of inflation from the stimulus it poured into the economy, former Fed Chairman Alan Greenspan said on Sunday. But didn’t we just Get All That Money Back? [link added] Greenspan’s reason unemployment […]

Following up on this post, a 4-week auction over year-end (PDF) that sold at 0.00% interest, with a coverage ratio of 4.4:1. (Yield unchanged from the previous week, and the week before that.) Who could see Looming Inflation in this? See next post.

Via alea‘s Twitter feed, the Office of the Comptroller of the Currency—the people who were specifically selected by the company to regulate AIG—has launched a Financial Literacy campaign. (Full disclosure: I have, in the past, had discussions with the OCC. I won one and lost one.)

I urge everyone to Go Read Garth. And then you will understand that Economics is The Science of Supporting the Status Quo and Stifling Innovation, as Steve Jobs (h/t Patrick) noted several days ago.

UPDATE: Greg Sargent (via Glenn Greenwald’s Twitter feed) notes that I am hardly alone in my concluding pargraph. The last even semi-useful part of health care “reform” (and that was of dubious value) is dead: The idea of letting people ages 55 to 64 buy into Medicare, announced just last week, had threatened to explode […]

Rahm Emanuel accidentally Tells the Truth and Shames the Devil: “We have to get them off the sidelines and get them to play a more active role in our economic recovery,” Rahm Emanuel, the White House chief of staff, said on Sunday. “They play an essential role in helping the economy grow.” Gosh, the Administration […]

UPDATE: D-Squared chimes in, saying in less than 100 words what took me a couple of thousand (though with no quotes): After the “first hundred days” in the term of a new Democratic President comes the next stage; the almost impreceptible transition among his supporters from saying “of course, he’s been hampered by all sorts […]

Charlie Stross talks about liquidity: What we’ve just seen, hidden in the euphemism here, is a confession that drug cartels and other organized criminals have gone on a $352Bn asset-buying spree — and the banks and regulators, world-wide, turned a blind eye to this because the alternative was to allow the banks to collapse. And […]

Paul Samuelson, 94 mostly-glorious years. And if you think he wasn’t doing much recently, check out the two-part interview with Connor Clarke—The Atlantic‘s real economics expert—here and here.