My Two Cents

Oil prices are heading back up. From today's Wall Street Journal:...

So, what do you think it will be, inflation or deflation? Will we be Zimbabwe or will we be Japan? (I vote neither.)...

The Administration says it plans on cracking down on offshore tax shelters and avoidance. The target of the initiative is U.S.-based multinational...

A recent investigation by the Center for Public Integrity into the subprime mortgage debacle makes a convincing case that it wasn't perpetrated by...

Robert Barro, professor of economics at Harvard University and Jose Ursua, a Ph.D. student in economics at Harvard, have written a fascinating...

A theme of this blog has been that the Administration's efforts are working to avert a greater economic catastrophe than what we've been though. In...

I was going to write an article about how ridiculous it was for the hedge funds that played hardball with Chrysler's debt--and lost--to complain...

Barry Eichengreen, economist at the University of California, Berkeley, is always worth reading. He has written a number of brilliant articles on...

I find these numbers stunning. They're from a paper by Elizabeth Brainerd of Williams College and Mark Singer of California State University....

Last night at Minnesota Public Radio Jeff Horwich moderated a discussion the impact of the recession on individual lives. I participated in the...