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Extra Credit Friday Edition

Market Movers

by Felix Salmon
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Mar 14 2008 12:00am EDT

Extra Credit, Friday Edition

Credibility and public borrowing: "Forecasts for public borrowing have always been subject to huge margins of error. There's a rule of thumb, which dates back at least as far as Nigella's dad, which says that the average error is 1% of GDP for each year of forecasting horizon - for both Treasury or private sector forecasts. "

Oil is Priced in Dollars: It Doesn't Matter: Dean Baker has more patience for reiterating this than I do.

Markets in Everything: Adam Smith's House

The Fed May Run Low on Unconventional Ammo

Grossly distorted picture: GDP vs GDP per capita.

Unintended Consequences: Fed Kills Carlyle

The Twittering of Ben Bernanke

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