Posts Tagged ‘economy’

How not to choose the Treasury Secretary

Tuesday, November 11th, 2008

In the run-up to the election, I started reading The Corner at NRO purely out of childish glee. But I’ve retained the habit because, as Drum puts  it, it’s a direct pipeline into the Conservative Id. But once in a while, I actually end up reading something useful. Katherine Lopez pulls up a quote from Rachel Maddow of all people, seeming to say that Larry Summers shouldn’t be Secretary of Treasury because of the flap at Harvard. (more…)

When did the conventional wisdom change?

Thursday, October 23rd, 2008

It used to be the conventional wisdom that “Republicans are better for the economy.” Now the pendulum have swung the other way, big time: (more…)

How far to fall?

Sunday, September 21st, 2008

Commenter Micha questions whether or not we should have any kind of bailout at all. He correctly notes that the way the administration is aggressively trying to intimidate members of Congress into accepting the flawed Paulson plan is very reminiscent of 2003. Micha asks: (more…)

Ozymandius

Wednesday, September 17th, 2008
So, what happened to the holy “free market” then? It appears that it’s a great idea when everyone thinks things are going well, but when everything hits the skids it’s “bring on that gib’mint intervention!” Larry Hatheway, chief economist at UBS, writes in the Financial Times today:

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The Bubblehead tax break

Sunday, April 13th, 2008

Daniel Gross, one of my favorites on Slate, explains in no uncertain terms why the senate’s “Foreclosure Prevention Act” is such a terrible idea. (more…)