Recent Blog Posts
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The $4.5 Billion Dollar Bank Run
Nov 07 201111:20 am EDT -
The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT
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Keeping Dow Movements in Perspective
Kudos to the NYT and WSJ this morning, in the wake of another 200-point drop in the Dow yesterday. Neither turned the news into a big front-page story, as they probably would have done a couple of weeks ago. And the NYT, indeed, didn't even bother to write its own story on the stock market at all: it just put a standard AP report on the back page of the business section. It's heartening to see stock-market gyrations kept in their proper perspective, for once.
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