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Extra Credit Weekend Edition

Market Movers

by Felix Salmon
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Ben Stein Watch: December 2, 2007   When Fund Managers Change Their Minds

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Dec 02 2007 12:00am EDT

Extra Credit, Weekend Edition

Market Bailouts and the "Fed Put": Mark Thoma deserves some kind of medal for doing this. Fed speeches are long and dense; Thoma's worked out a way of making them much easier to read without losing any of their subtleties. In this one, William Poole comes to the defense of the "Fed Put" against the moral-hazard brigade. Well worth reading, or at least skimming.

Climate Change, ethics and the economics of the global deal: Nick Stern at Vox EU.

Not a bad bit of rescuing, huh? Accrued Interest says senior noteholders will benefit from the subprime bailout.

Real Estate and the Creativity Index

Rap represented in mathematical graphs and charts

Subprime Series, part 2: Deposit insurance and the lender of last resort

Laissez-Faire Marriage

Market Failure in Christmas

Bumper stickernomics

And finally (this is one I hadn't seen before):

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