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Economists

Why Ben Bernanke Should Not be Confirmed, and the Fed Should Keep its Autonomy

Georges Ugeux | Posted 12.01.2009 | Business

Read More: Sub-Prime, Tarp, Democrat, Congress, President Barack Obama, Ron Paul, Congressional Oversight, Republican, Economists, Central Banks, Federal Reserve, Ben Bernanke, Alan Greenspan, Paul Volcker, Business News
Georges Ugeux

One of the casualties of this crisis is the capacity of economists to read the signs and launch warning signals. While Ben Bernanke understands economics and numbers, he lacks the necessary instincts.

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Economists Predict Job Losses Will Stop In Early 2010

AP | EMILY FREDRIX | Posted 11.23.2009 | Business

Read More: Job Losses, 2010 Economic Outlook, Recovery, Unemployment Benefits, Economy, Consumer Spending, Nabe, Job Cuts, Gdp Growth, National Association for Business Economics, Stimulus, Recession, 2010 Predictions, Layoffs, 2010, Gdp, Financial Crisis, Economists, Consumer Confidence, Economic Stimulus, Great Recession, Nabe Survey, Business News

Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers ...

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7 Great Books By Economists

Huffington Post | Jessie Kunhardt | Posted 11.13.2009 | Books

Read More: Adam Smith, Economics, Milton Friedman, Amartya Sen, Money, Books, Economics Books, Making Globalization Work, Slidepoll, Globalization, Stiglitz, Obama, Capitalism, Books by Economists, The Next Stage, The Wealth of Nations, Economic Policy, Keynes, Galbraith, Economists, Paul Krugman, Peddling Prosperity, Books News

There's a major panel discussion going on today in Washington, D.C. called "The Next Stage," in which economists are coming together to discuss the pr...

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Economic Crisis Compels Economists To Reach For New Paradigm

Wall Street Journal | MARK WHITEHOUSE | Posted 11.02.2009 | Business

Read More: Economy, Policy, The Fed, Recession, Ben Bernanke, Collateral, University, Mortgage, Credit, Economic Policy, Lenders, Finance, College, Rational Expectations, Bernanke, Crisis, Economists, Banks, Academics, Theory, Colleges, Economic Theory, Universities, Business News

The pain of the financial crisis has economists striving to understand precisely why it happened and how to prevent a repeat. For that task, John Gean...

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The Nobel Prize in Inscrutability (i.e. Economics) Goes to...

Fortune's Stanley Bing | Posted 10.12.2009 | Business

Read More: Social Science, Economists, Oliver Williamson, Elinor Ostrom, Economics, The Nobel Prize in Economics, Inscrutability, Business News
<i>Fortune</i>'s Stanley Bing

The ability to generate a large body of work on matters whose importance are shrouded in mystery is a key attribute of all world-class economists, and Nobel laureates Ostrom and Williamson are in the vanguard.

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Hiring Tax Credit: Support Builds For Proposal Rewarding Employers For Hiring, More Hours

http://www.nytimes.com/2009/10/07/business/07tax.html | Catherine Rampell | Posted 10.07.2009 | Politics

Read More: Tax Credit for Hiring, Tax Credit, More Jobs, Robert Reich, House, Unemployment Rate, Washington, Economy, Hire, Bipartisan, Obama, Job Growth, Stimulus, D.C, Eric Cantor, Barack Obama, Economists, Employer Tax Credit, Unemployment, Hiring Tax Credit, What Is Hiring Tax Credit, Cantor, Senate, Tax Credit Incentives, Incentives for Employers, Incentives, Hiring Incentives, Politics News

The idea of a tax credit for companies that create new jobs, something the federal government has not tried since the 1970s, is gaining support among ...

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Experts: Even With Reform, Health Care Insurers Will Likely Discriminate

The Washington Post | David S. Hilzenrath | Posted 10.04.2009 | Politics

Read More: Denied Coverage, Insurers, Senate Finance Committee, Health Insurance, Dropped Coverage, Cherry-Picking, Medical History, Uninsured, Health Care Bill, Economists, Insurance Coverage, Prior Conditions, Medical Discrimination, Health Care, Public Option, Max Baucus, Cherry-Picking-Enrollees, Health Care Reform, Discrimination, Denied Claims, Politics News

Any health-care overhaul that Congress and President Obama enact is likely to have as its centerpiece a fundamental reform: Insurers would not be allo...

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Capitalism: Never Enough?

Jim Selman | Posted 11.26.2009 | Living

Read More: Skid Row, Shopping, The Story of Stuff, Michael Moore Capitalism: A Love Story, Addiction, Consumption, Capitalism, Chanel, Victor Lebow, Mont Blanc, Recession, New York, Rolex, Designer, Annie Leonard, Economists, Capitalism: A Love Story, Economic Growth, Living News
Jim Selman

The epidemic of designer stores is symptomatic of the buying binge we've been on for the last half-century.

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The Great Disconnect

Jonathan Weiler | Posted 11.16.2009 | Media

Read More: Class Conflict, Winner-Take-All Society, Revolt of the Elites, FInancial Markets, Economic Crisis, Economists, Paul Krugman, Bubble, Capitalism: A Love Story, Media News
Jonathan Weiler

The elite professional strata most responsible for shaping our political and economic discourse have grown richer and are increasingly articulating a worldview justifying their privileged position.

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Krugman: How Did Economists Get It So Wrong?

New York Times | Paul Krugman | Posted 10.19.2009 | Politics

Read More: Federal Reserve, Economists, Ben Bernanke, John Maynard Keynes, International Monetary Fund, Great Depression, Politics News

It's hard to believe now, but not long ago economists were congratulating themselves over the success of their field. Those successes -- or so they be...

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GDP Declines 1 Percent In 2Q, Better Than Expected

AP | MARTIN CRUTSINGER | Posted 09.27.2009 | Business

Read More: Jobless Numbers, White House, Benefit Claims, Unemployment Rate, First-Time Jobless, Economy, Labor Department, Economic Crisis, Commerce Department, Recession, Gross Domestic Product, Unemployment Numbers, Economists, Jobless Rate, Unemployment, Wall Street, Christina Romer, Jobs Report, Gdp, Business News

WASHINGTON — Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 p...

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Economists Call For Bernanke To Stay, Say Recession Is Over: Survey

Wall Street Journal | Phil Izzo | Posted 09.11.2009 | Business

Read More: Fed Chairman, Ben Bernanke Federal Reserve, Economists, Ben Bernanke, Business News

Economists are nearly unanimous that Ben Bernanke should be reappointed to another term as Federal Reserve chairman, and they said there is a 71% chan...

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Newsweek: The Recession Is Over! But Not for You

newsweek.com | Posted 08.25.2009 | Business

Read More: Unemployment Lines, Economic Recovery, The Federal Reserve, Unemployment, Economic Crisis, Economists, The Fed, Recession, Recession Over, Business News

Irrational exuberance, it's not. But even stagnation would be an improvement over recent history. The U.S. economy shrank at nearly a 6 percent annual...

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Does Economics Have a Future?

Fortune's Stanley Bing | Posted 08.23.2009 | Business

Read More: Economists, Bird Entrails, The Economist, Economics, Business News
<i>Fortune</i>'s Stanley Bing

This week the Economist offered a spirited defense of the profession for which it is named.

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Is The Third Time The Charm?

Harry Moroz | Posted 08.08.2009 | Politics

Read More: Economists, Mohamed El-Erian, Unemployment, Speaker Pelosi, Stimulus, Pimco, American Recovery and Reinvestment Act, Eric Cantor, Barack Obama, Economy, Politics News
Harry Moroz

The dismal unemployment report released last week inspired renewed interest in a second economic stimulus, and economists, from Krugman to Feldstein, have led the charge for another injection.

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Prophets Of Doom: 14 Who Take Issue With Obama's Economic Policies (SLIDESHOW)

Huffington Post | Julie Satow | Posted 05.18.2009 | Business

Read More: Prophets of Doom, Economy, Economic Crisis, Economists, Paul Krugman, Slideshow, Obama's Economic Plan, Business News

Salon.com has identified 14 economists, bloggers, politicians and businesspeople who have been the most consistent critics of President Obama's financ...

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Economics for Pessimist Dummies

Fortune's Stanley Bing | Posted 05.11.2009 | Business

Read More: Economists, Wal-Mart, Economics, Wmt, Pessimists, Dummies, Business News
<i>Fortune</i>'s Stanley Bing

Today come reports that the gloom and doom peddlers are still at it, looking a gift market in the mouth. The S&P is showing a heartbeat lately. But wait a minute, they say. We're not out of this yet.

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If We Stop Listening To Idiots, Maybe We Won't Be So Shocked By The News Anymore

James Boyce | Posted 04.03.2009 | Business

Read More: Economy, Aig, Economists, Recession, Business News
James Boyce

Time and time again, over the past 24 months, we have heard rosy reports of future happiness from this oracles of error that have been proven time and time again to be laughably wrong.

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The Fiscal Stimulus Will Pay For Itself

Ann Pettifor | Posted 03.18.2009 | Business

Read More: Deficit, Fiscal Stimulus, Unemployment, Rachel Maddow, Keynes, Economists, Republicans, Multiplier, Stimulus Package, Financial Crisis, Business News
Ann Pettifor

It is simply wrong to suggest that the fiscal stimulus "will cripple us long-term." It will not. The fiscal stimulus will pay for itself -- here's how.

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Economists Agree: Pass Stimulus Package Immediately

Washington Post | Steven Mufson and Lori Montgomery | Posted 03.10.2009 | Business

Read More: Economists on Stimulus Package, Economy, Economists, Stimulus Package, Economists Urge Stimulus Package, Business News

While economists remain divided on the role of government generally, an overwhelming number from both parties are saying that a government stimulus pa...

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Lessons from the Losers -- How Not to Cave

Matt Stewart | Posted 03.01.2009 | Politics

Read More: Capitol Hill, House of Representatives, President Obama, Politicians, John Boehner, Washington, Iraq, Congress, Obama, Dc, Survival, Barack Obama, Rescue Plan, Politics, Bailout, Federal Government, Economists, Stimulus Plan, Senate, Republicans, Economy, Demcrats, Politics News
Matt Stewart

It's essential to draw a distinction between rigidly opposing a terrible idea and opposing good one. The Iraq War is a terrible idea based on a lie. By turn, the stimulus package is a pretty good one.

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Republicans in the House Are Behaving Like the Collapse of Bush's Policies Never Happened

Mitchell Bard | Posted 03.01.2009 | Politics

Read More: Wealth Redistribution, Meet the Press, Bush Administration, Digital Television Conversion, Economic Stimulus Package, George W. Bush, Tax Cuts, Bush Failure Economy, Economists, Bipartisanship, David Bonior, House Republicans, Barack Obama, Republicans, Congress Stimulus, U.S. Economy, Congress, Obama Stimulus, Economy, Economic Crisis, Obama Economy, Stimulus, Congressional Budget Office, Obama Stimulus Plan, Gop Stimulus, Economic Stimulus, Republicans Stimulus, Politics News
Mitchell Bard

While Republicans are free to oppose Obama's solutions to the financial mess if they think they have better ideas, merely advocating the old failed policies should not be tolerated.

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Our Economy: The Headless Chicken

Fortune's Stanley Bing | Posted 02.21.2009 | Business

Read More: Security Analysts, Economists, The Economy, Headless Chickens, Depression, Wall Street Crisis, Economic Crisis, Business News
<i>Fortune</i>'s Stanley Bing

Like a chicken without its head, I believe it may be possible that our economy is in the phase where the thing is just standing there in shocked stasis, preparing to keel over.

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With Crisis Comes The Opportunity Of Accelerated Social Change

Juliette Powell | Posted 02.09.2009 | Politics

Read More: Nobel Prize, Financial Bailout, Economy, Economic Crisis, Economists, Financial Crisis, Henry Paulson, Treasury Bookstore, Paul Krugman, Paul Krugman Barack Obama, Interview, Politics News
Juliette Powell

Paul Krugman: Don't underestimate the influence of people who can treat a congressman to luxurious dinners.

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Some Economists Predict Recovery By Summer

New York Times | LOUIS UCHITELLE | Posted 02.03.2009 | Business

Read More: Economists, 2009 Predictions, US Economy, Recession, Economy, Business News

Economics as the dismal science? Not in some quarters. In the midst of the deepest recession in the experience of most Americans, many professional ...

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