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The Baseline Scenario

Banks and Congress Grapple With Stubborn, Stupid Facts

Michael Winship | Posted 05.07.2012 | Politics
Michael Winship

Witness the resistance to facts on the part of banking institutions and certain members of the congressional leadership, despite regulations demanding that they allow facts and figures to be reported, information that could keep us from the edge of yet another economic meltdown.

David Moss: Limiting Financial Leverage Is 'By Far The Most Important Thing We Can Do' To Prevent Another Crisis

baselinescenario.com | David Moss | Posted 05.25.2011 | Business

What will it take to prevent such a calamity from ever happening again? We should certainly address the bookends of the crisis: common-sense regulati...

Simon Johnson: Democrats Likely To Lose In November Unless They 'Run Hard' Against The Big Banks Now

baselinescenario.com | Simon Johnson | Posted 05.25.2011 | Business

The theme for the November midterms should be: Which part of the 8 million jobs lost [since December 2007] do you not understand? The big banks must ...

China's Boom: The Sure Thing Not to Bet On in 2010

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

If it's so clear that this is China's year, how are you going to make money betting on it? What's obvious to you is also obvious to everyone with a 401(k) account.

Simon Johnson on Bank State Capture

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

As a sector, what is the optimal size for finance? And how far should we shrink it down to achieve the kind of real growth that will reduce unemployment and drive incomes across the board?

Simon Johnson on the Evidence for Overmighty Finance

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

For all its influence, economics doesn't really have much to say about something as fundamental (and yes, complex) as the relationship between the size of the financial sector and growth in the real economy.