The Long Depression isn't hitting us all at once. It's taking pieces out of us over the course of years. That's allowed people to define previously unacceptable economic conditions as "The New Normal."
Paul Krugman says that Newsweek needs to issue a correction for columnist Niall Ferguson's new cover story on why President Obama does not deserve ree...
Two and a half years ago I would have given long odds that Ron Suskind's āØbook would provide me with a lot of the answers to the questions I had about why the Obama economic team chose the policies it did. Unfortunately, it does not.
It is said that the early nineteenth-century British economist J.R. McCulloch originated the old joke that the only training a parrot needs to be a pa...
UPDATE: Citing a "firestorm" of "lies and misinformation," Henderson vowed on his blog this morning to quit blogging. "I misunderstood the technology,...
Our politicians can't grasp structural issues -- they are always hoping for a fast cyclical fix before the next election. Let's acknowledge the real cause of high unemployment and get to work addressing it.
Today's unemployment data, which showed that the U.S. economy shed 125,000 jobs in June, wasn't pretty. And, not surprisingly, it was roundly trashed ...
According to the Kauffman Economic Outlook, a new survey of economics bloggers, web pundits' attitude toward the U.S. economy is markedly sober, with ...
It is worth stepping back and asking: What would the world economy look like today if policymakers had acceded to the populist demand of no support to...
To the extent that the Clunkers program gave Americans a reason to believe that things can return to normal and to that the government has a handle on recovery, it was a pretty good investment.
Q: What is the Geithner Plan?
A: The Geithner Plan is a trillion-dollar operation by which the U.S. acts as the world's largest hedge fund investor, ...
"Nationalizing" banks is a dirty word in the American political context, and progressives seeking that goal would be well advised to offer different messaging in selling it to the public.
One of the more interesting moments of this morning's Senate Banking Committee hearing with Hank Paulson and Ben Bernanke came when Sen. Chuck Schumer...