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

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Trademarking a President’s name

…about Covid. “I’m not scared of a germ,” he said. “I used to snort cocaine off of toilet seats.” Jonathan Landay and Douglas Gillison of Reuters reported yesterday that Office…

“resurgence of shadow banking?”

…that limited risk-taking. Then Lehman failed, and in the weeks that followed economists were wandering around muttering “Diamond-Dybvig” to themselves. What? A seminal 1983 paper by Douglas Diamond and Phillip…

Federal Debt Projections

…Explainer, Federal Debt and the Risk of a Fiscal Crisis,  Karen Dynan and Douglas Elmendorf discuss the possibility that the lack of a resolution leads to spiking interest rates that would disrupt financial markets,…