Category: economics

  • When Vader Bails People Out…

    Raghuram G. Rajan, former chief economist at the International Monetary Fund said: Where are the titans of the financial sector at this point? Why aren’t they coming together in a room at the New York Fed and saying, “This is a severe crisis for the financial system and we are going to put up some…

  • More Options

    Brookings Institution: Concerns about the Treasury Rescue Plan

  • Power Grab

    The Paulson Plan is a dud. No, wait, I take it back. It’s not a dud; it’s a naked, heinous reach for power; it’s a very public, very pricey Gentlemen’s Club asking for government financing; it’s not just unnecessary, it’s a swindle. Lessons from Fiction To a degree, this is an example of life imitating…