Christopher Leonard's book examines the history, controversies, and internal dissent surrounding the Federal Reserve's increasingly unconventional monetary policy during the 2010s ...
According to the Financial Times, Google is planning to construct a price index that could eventually serve as an alternative to official government statistics. While the Google Price Index (GPI) is still a work in progress and only tracks web-traded ...
There probably is no other prominent American who is less suited to the sound bite than Berkshire Hathaway Vice Chairman Charlie Munger. In any particular appearance, specific comments made by Mr. Munger can be collected in a manner that leads ...
Warren Buffett is not buying into projections of an imminent “double dip” recession and sees a broad based economic recovery ahead. Berkshire Hathaway’s diverse collection of operating companies gives Mr. Buffett a unique view into the health of the overall ...
Skeptics sometimes equate optimism with naivete, and this is often the case for sunny optimists who are gullible enough to believe in any business plan or far fetched concept. Optimism must be tempered with a heavy dose of realism, and ...
While the track record of macroeconomic forecasting leaves much to be desired, it is natural to have an interest in the growth prospects of the global economy. Recently, Europe has been at the forefront of investor concern due to fiscal ...
The privileged bankers who run institutions that are considered to be "too big to fail" do not suffer the same fate as their smaller counterparts as Simon Johnson and James Kwak describe in their forthcoming book 13 Bankers: The Wall ...
Zachary Karabell has made an important contribution in Superfusion: How China and America Become One Economy and Why the World's Prosperity Depends on It. Mr. Karabell attempts to trace the history of China's remarkable rise over the past twenty years ...
Most outside observers had difficulty keeping up with all of the momentous events of the weekend of September 14-15, 2008 with all of the twists and turns that finally led to Lehman Brothers' historic bankruptcy filing, Bank of America's purchase ...
Shortly after 8:30 am this morning, cable news networks and web sites quickly reported the government's initial estimate of 3.5% growth in Gross Domestic Product (GDP) for the third quarter of 2009. In terms of depth of reporting, most of ...
Much of the response to the global economic crisis of the past two years has been based on the economic theories of John Maynard Keynes. No other economist of the past century has had such a profound influence on modern ...
Very few Americans have experienced an economic downturn as severe as the current recession. Although it is very possible that GDP will show a positive reading for the third quarter, hardly anyone expects the employment situation to improve significantly until ...
I remember clearly the morning in May when, though the marvels of Google's search technology, I detected that one of my blog articles had been stolen by a website in Asia that I never previously heard of. I may have ...
One of the interesting effects of the turmoil in financial markets since September involves the level of implied inflation expectations embedded within the market prices for Treasury Notes and Bonds. This is a very interesting development given the Federal Reserve's ...
Roger Lowenstein's latest book, "While America Aged" provides thee compelling case studies of pension funds that impacted private industry and government, and provides a prescription for reforms to fix the system ...