Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/21st Century economic philosophy

You Can Lead a Horse’s Arse to Water, but…

You can’t make him think—or own to loan. Krugman notes: [L]ast week Joe Nocera of The Times pointed out a key weakness in the U.S. Treasury’s bank rescue plan: it…

Follow-up to the previous spam

The Nigerians appear to be back, sending me the same e-mail as before, clearly in desperation: My Friends, I hope you’ll take the time today to read the email below…

Actually, "The Field" is Odds-on

…for bettors, but Mankiw links to Ladbrokes, too, where people rationally expect that declaring Economics once and for all irrelevant (i.e., giving the award to Fama and/or French [UPDATE: Tyler…

How NOT to Manage a Taxpayer-Funded Bailout

…More Authoritative*: [Neel] Kashkari, a former executive at Goldman Sachs, is the assistant Treasury secretary for International Economics and Development. He joined Treasury in July 2006 and worked on several…