Archive for the ‘recession’ Category:

Interview of Mr. John Reed regarding banking fixing the game

{ Posted on Jan 29 2012 by Daniel Becker }
In case you are not aware, Bill Moyers is back and he doing his best work to date concentrating on our the changing of the rules regarding the economy. This episode where he interviews John Reed, former Citi Bank CEO and current MIT ...Read More »

UK: Into Recession

{ Posted on Jan 25 2012 by Menzie Chinn }
So much for expansionary fiscal contraction in the UK. Not that that’s a surprise. Read More »

EA Spreads: Why Should the Trend Change?

{ Posted on Dec 13 2011 by Dan Crawford (Rdan) }
By Rebecca Wilder  EA Spreads: Why Should the Trend Change? They changed the title; but originally the NY Times reported “Euro Zone Agrees to Reinforce Maastricht Rules“.  That’s exactly what EA policy makers agreed to last week ...Read More »

Dispatches (XVI): Measuring Progress in Wisconsin

{ Posted on Dec 12 2011 by Menzie Chinn }
There is a recurring commercial going out over Wisconsin airwaves arguing for progress [0], link to [video]. This impelled me to consult some metrics regarding progress in the state, following up on this post from a month ago. Read More »

Lost Decades, Illustrated

{ Posted on Dec 08 2011 by Menzie Chinn }
When I discuss Lost Decades I always stress the fact that the “s” denotes the plural. Figure 1 shows that a decade and a half in, the trajectory of output has been noticeably depressed since 2001Q1. Read More »

Consumption: Distinguishing between Keynesian and Permanent Income Motivations, and Deleveraging

{ Posted on Dec 06 2011 by Menzie Chinn }
One of the startling things about consumption behavior is that, despite the burst of spending surrounding the holiday season, per capita consumption in 2011Q3 has only re-attained the levels of 2008Q3. Various explanations have been forwarded, ranging from the failure ...Read More »

Guest Contribution: The Great Slump is Not Yet Half Over

{ Posted on Oct 24 2011 by Menzie Chinn }
By David Papell and Ruxandra Prodan Today, we’re fortunate to have David Papell and Ruxandra Prodan, Professor and Clinical Assistant Professor of Economics at the University of Houston, as Guest Contributors. Read More »

A little OWS, a little 99%, a little history

{ Posted on Oct 18 2011 by Daniel Becker }
So today I read at the Yahoo Finance (it's my home page because I can look at the stock numbers on the left and read the headline on the right for a guaranteed laugh) that  John Mauldin thinks the OWS ...Read More »

This is the reality of a real small business

{ Posted on Sep 17 2011 by Divorced one like Bush }
 By Daniel Becker This is a bit of an interlude in my writing regarding the income tax of yore. Though, this does involve taxation. This is also a continuation in my postings regarding real world small business experiences. Yes, you are ...Read More »

Double Dip or Not? The Data and Policy Implications

{ Posted on Sep 07 2011 by Menzie Chinn }
We know that in the aftermath of combined housing busts, financial crises, and recessions, recoveries are typically modest if not halting, even if the recession is deep. [0] This characterization appears to have held true, with the question now whether ...Read More »