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Tuesday, September 4, 2007
The Rest of Bernanke's Speech
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In case you missed it, Ben Bernanke came out swinging at the liquidity addicts of the world in his speech Friday . To the Jim Cramers of t...
Sunday, September 2, 2007
John Taylor Takes the Fed to Task for Its Past Monetary Profligacy
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During my brief stint at Treasury John Taylor was my boss. Between 2001 and 2005 he was the undersecretary for international affairs at Trea...
2 comments:
Friday, August 31, 2007
My Conversation with Ben Bernanke
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Between 2003 and 2004 I worked as an international economist with the U.S. Department of Treasury. While there, I had the privilege of meeti...
Thursday, August 30, 2007
How Deflation Orthodoxy Got Us Here
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In a previous posting I claimed that that one of the reasons for current financial quagmire is that the Federal Reserve's response to t...
2 comments:
Wednesday, August 29, 2007
The Yield Curve and the Flight to Safety
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A new paper by Glenn Rudebusch and John Williams shows that the yield curve spread is a better predictor of recessions than are professional...
Monday, August 27, 2007
James Grant on the the Fed's Past Monetary Profligacy
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Barry Ritholtz at the Big Picture directs us to an article in the NY Times by James Grant of Grant's Interest Rate Observer . Many exce...
Sunday, August 26, 2007
Global Economic Imbalances Primer
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For those readers who need a primer on the global economic imbalances debate see my article, " A World Out of Balance: How A Spending A...
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