Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
Apr 27 20098:04am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:04am EDT -
Be Your Own Counterfeiter
Apr 26 20099:04am EDT -
Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:04am EDT -
What Good is the News?
Apr 25 20098:04am EDT -
Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
Apr 24 20091:04pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:04am EDT -
Non-Economic Questions of the Day
Apr 24 20099:04am EDT -
The Stress Test Blind Alley
Apr 24 20098:04am EDT -
Happy Hour
Apr 23 20099:04pm EDT -
Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
Links
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Extra Credit, Sunday Edition
The End of the Financial World as We Know It: Part 1, Part 2. Lewis and Einhorn are right; it'll be interesting to see whether Tim Geithner moves in the direction they suggest.
Risk Mismanagement: Nocera on VaR.
A second tulip mania: The contemporary-art bubble. "As Kindleberger has shown, it is a condition of a speculative mania that new 'assets' be manufactured to meet raging demand—so the recent bubble has focused on the works of living artists such as Hirst, Koons, Prince and Murakami" who produce work in bulk.
Responses to Questions of the First Report of the Congressional Oversight Panel for Economic Stabilization: Kashkari gives pro-forma replies to Elizabeth Warren, rather than really engaging with the substance of her report.
Credit Card Companies Willing to Deal Over Debt: Another for the schadenfreude files. "Landmark changes to bankruptcy legislation passed in 2005, for which the industry aggressively lobbied, seem to have hurt card debt collections."
Housing Prices vs. Wildfire Acreage in U.S.: An correlation with a colorable case for causation.
High Concept/Alan Partridge: ER: The Finance Department.
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