Bear Stearns Bailout “Worst Fed Mistake in a...
Here’s a glimpse at what must have been a fascinating discussion: "The Federal Reserve’s moves to prop up Bear Stearns...
Greenspan’s Long-Lost Thesis
Barron’s Jim McTague had a chance to review one of only two existing copies of Greenspan’s 1977 NYU Doctoral thesis....
Immoral Hazard
Have a look at Jeremy Grantham’s latest missive: Immoral Hazard The 1Q 2008 letter looks at asset bubbles and puts the role...
Bagehot’s Lessons for the Fed
Apropos to our earlier criticism of the US Central Bank is this piece by Stanford prof Ronald McKinnon, titled Bagehot’s Lessons...
Is the Fed Causing a Global Food Crisis?
The Federal Reserve’s irresponsible bailout of Wall Street’s most reckless players is having very significant repercussions,...
Will the Fed Pause After the Next Cut?
Greg Ip of the WSJ: Source:Fed Weighs Pause After Next Rate CutInflation Worries Loom as Economy Continues to StallGREG IPWSJ, April 24,...
Is The Worst of the Credit Crunch Behind Us?
One of the more common refrains we keep hearing is that the worst of the credit crisis is behind us. Not only that, but banks have...
Answering an SOS
Mike Luckovich (is that Ben in the Helicopter?) : Source:Answering an SOSMike Luckovich The Atlanta Journal-Constitution, Wednesday,...
Trichet Says Crisis May Limit Monetary Policy Leeway
Trichet Says Crisis May Limit Monetary Policy Leeway European Central Bank President Jean-Claude Trichet said financial market turmoil...
WSJ Goes Inflation Crazy!
After last week’s inflation snafu, the WSJ makes up for it this week — and then some. Just in time for today’s 8:30 PPI...