It looks as if the EU rescue of Greece in particular, but then the de facto bailout of Spain, Portugal, Ireland, Italy, and Hungary has mostly been… Read more “FU! I Mean, EU!”
Tag: Crisis
From the Annals of Time
I found this an amusing and timely story: The Duc de Richelieu said in 1818 that there were six great powers in Europe — France, England, Prussia,… Read more “From the Annals of Time”
Excuses, Excuses
A commenter over at Ezra Klein’s blog asks: Can somebody tell me the core issue behind this latest crisis?!? Klein then proceeds to outline, in a fashion… Read more “Excuses, Excuses”
You Were Not Invited
Ever wonder what it would be like to have Paul Krugman throw a party and then not invite you? Well that happened to me, today…but since I… Read more “You Were Not Invited”
Effause and Causfect?
Dean Baker does not think the financial crisis was the cause of the recession: Spain is noteworthy because it now has an unemployment rate of more than… Read more “Effause and Causfect?”
Making Markets…Be Markets?
I very much respect Mike Konczal, and regularly read his blog for very insightful analysis about how we can make the mechanics of finance work more effectively.… Read more “Making Markets…Be Markets?”
Mountains and Mole Hills
Gary Gorton’s questions and answers to the Financial Crisis Inquiry Commission is an excellent must-read for anyone wishing to firm up their grasp on the events of… Read more “Mountains and Mole Hills”
A Bleg.
I’m wondering why Robert Shiller gets to write things like this (and presumably get paid for it): We expect our political leaders to manage the level of… Read more “A Bleg.”