The Weekly Roundup
While Occupy Wall Street continues to spark debate, some big banks had a rough week and some economists started to look at the bright side. …
While Occupy Wall Street continues to spark debate, some big banks had a rough week and some economists started to look at the bright side. …
Princeton professor Angus Deaton studies the impact of the financial crisis on Americans’ state of mind. The good news? We may be unhappier than we should be.
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While two economists celebrate winning the Nobel, the Occupy Wall Street protest grows and BlackBerry users rage against their machine….
Against the backdrop of ongoing stock market gyrations, some positive economic signs emerged this week. The blog Calculated Risk noted strong retail sales for September—boosted by back-to-school shopping—and gains in September rail traffic. …
In the Financial Times, Larry Summers warned that European nations have to spend more to bail out their debtor brethren, and non-European nations have to keep the pressure on. New IMF head Christine Lagarde agreed, pointing to a new “shared…
GOP Congressional leaders sent an unusual letter to Ben Bernanke this week, but Bernanke seemed to ignore it. Paul Krugman called the Fed move on Wednesday—quickly dubbed “Operation Twist”— like “trying to use a water pistol to stop a…
The reviews of President Obama’s jobs plans tended to vary by where commenters fell on the political spectrum—the Wall Street Journal collected some reactions—but The Economist’s analysis was typically smart. In Europe, concerted action by…
Of all the commentary I read on August’s gloomy jobs report (basically — no new ones), I thought this essay from the Economist was the most insightful. Speaking of jobs, I also liked this Economist piece, “Angst for the Educated,” about…
Much of the week’s market movement—and commentary from the chattering class—stemmed from Ben Bernanke’s talk last Friday at Jackson Hole and subsequent release of the FOMC minutes. The Economist argues that the Fed looks like it’s leaning…