…of the free-market tell us the choice is either markets or Stalinism, an inexorable “Road to Serfdom.” Tennyson tells us, “There lives more faith in honest doubt, believe me, than…

Lifted from Robert Waldmann’s Stochastic Thoughts: Brad DeLong Marks His Beliefs about “The Return of Depression Economics” to Market I am overwhelmed by admiration for Brad DeLong (happens a lot)…

It is leap year and Wall St. is having its usual discussion of which candidate will be better for the stock market. I do not know, but it is interesting…

…markets. I love markets! Strong, healthy markets are the key to a strong, healthy America. That’s the reason I am here today. Because anyone who loves markets knows that for…

…in the emerging markets worrisome. Michael Chui, Emese Kuruc and Philip Turner of the Bank for International Settlements have pointed to the increase in the debt of emerging market companies,…

In which I (partially) disagree with Dean Baker about the stock market Dean Baker complained yesterday about pundits who talk about the stock market in terms of economic well-being: As…

…AM Links to this post Once more into a the market abyss – by New Deal democrat So the stock market is down 10% as of this writing, which takes…

…Market Dominant and Competitive. Market Dominant products and services are those in which the Postal Service “dominates the marketplace” as a result of its two monopolies — the letter monopoly,…

…famously estimated a large effect of “The China Syndrome” on local labor markets (pdf warning). His argument is basically there is a reason why stock prices might overshoot the overall…

Further comments about the state of the housing market Here are some additional salient comments about the housing market right now. 1. Existing home sales are completely stagnant Not only…