What can Eeyore and Tigger Teach Bernanke About Monetary Policy?
…It could be that Fed Chairman Ben Bernanke is like Eeyore: Eeyore is a true dismal scientist, who sees bad news everywhere. He’s sure the economy will be in the…
He was handed the keys to the global economy just as it started heading off a cliff. Fortunately, he’d seen this movie before.
…It could be that Fed Chairman Ben Bernanke is like Eeyore: Eeyore is a true dismal scientist, who sees bad news everywhere. He’s sure the economy will be in the…
Everywhere I go, people are asking me what I think of the new chairman of the Federal Reserve, Ben Bernanke. I know Bernanke pretty well because he was Chairman of…
A thoughtful piece in the Washington Post on Ben Bernanke is extremely laudatory about his new approach at the Fed. I still worry that in the end that the government…
Photo: Medill DC So Ben Bernanke finally spoke today. And as I predicted yesterday, all the early headlines are expressing disappointment that he didn’t announce QE3. But this disappointment is…
…want to call this a market given how little trading there is, what does the market think? Ben Bernanke is the odds-on favorite with his chances placed between 55 and…
…But the anticipation and gossip is just as intense. Markets are convinced that Ben Bernanke’s going to make a major announcement. I disagree. Here’s why: 1. Central bankers generally try…
…federal government took an 80 percent ownership stake in A.I.G. and offered $123 billion in credit to the struggling company. In late September, Paulson, Federal Reserve Chair Benjamin Bernanke, the…
…a flight of the industry overseas, as Ben Bernanke hinted? (2) Do you think any reasonable objections can be raised against the proposal, considering that private equity fund managers, besides…
Lowenstein on Bernanke (Earlier) (More here) Which company insiders are buying a lot of their own stock? How does pregnancy affect memory? What’s the value of melancholia?…
…circles, many practical macroeconomists have left for policy work. When Bernanke, Blinder, Mankiw, and many others decided to spend time in D.C., they left the control of the top journals…
In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.” After stints at the I.M.F. and India’s central bank, he sees another potential crisis —…
After eight years and more than 300 episodes, it was time to either 1) quit, or 2) make the show bigger and better. We voted for number 2. Here’s a…
Mary Daly rose from high-school dropout to president of the Federal Reserve Bank of San Francisco. She thinks the central bank needs an upgrade too. It starts with recognizing that…
Christina Romer was a top White House economist during the Great Recession. As a researcher, she specializes in the Great Depression. She tells us what those disasters can (and can’t)…
Even a brutal natural disaster doesn’t diminish our appetite for procreating. This surely means we’re heading toward massive overpopulation, right? Probably not.
What do you do when smart people keep making stupid mistakes? And: are we a nation of financial illiterates? This is a “mashupdate” of “Is America Ready for a “No-Lose…
Education is the surest solution to a lot of problems. Except when it’s not.
…are red. Violets are pink. Don’t listen to goldbugs. No one cares what they think. Austan Goolsbee @Austan_Goolsbee: Bernanke’s from South Carolina And deals with lots of big whiners. His…
…swan (not a black one) and explains the poor risk metrics employed before the financial crisis. He also has harsh words for the Federal Reserve – specifically for “Bernanke’s incompetence.”[%comments]…
…current concern is inflation. As this killer graph from Paul Krugman shows, Ben Bernanke has been incredibly aggressive in expanding the money supply. It is quite reasonable to be worried…
…This second list is chock-full of economists. Ben Bernanke gets a thumbs-up from the Realtors because he “called at least a temporary halt after 17 straight rate increases that have…
…important?) issues to focus on. 6. I’m wrong: Academic economists have produced excellent policy-relevant analyses that are providing Bernanke with the ammunition he needs. I would love to be convinced…
…of how deep these cuts will go and how long they will last is an imponderable. One might as well ask Ben Bernanke or Hank Paulson these questions about the…
Inequality is growing in the United States. The data say so. Knowledgeable experts like Ben Bernanke say so. Ask just about any economist and they will agree. (They may or…
Foreign Policy released its list of 2009’s Top 100 Global Thinkers. The No. 1 spot goes to Ben Bernanke for “staving off a new Great Depression,” while Obama takes No….
(Photo: NCinDC) Friday’s labor-force data brought liberal outcries, and a comment from Ben Bernanke, that the drop in labor-force participation indicates unemployment is really much higher, and the economy in…
…negotiated by Paulson and Bernanke. The largest Bush deficit was 3.2 percent of G.D.P. in 2008. In addition to all of the distribution of funds and guarantees in the financial…
…their jobs too), and, in short, the downward spiral we’re still in. The banking collapse occurred last September. The government’s unpreparedness (for which Greenspan and Bernanke, successive chairmen of the…
…Ben Bernanke, a monetary economist of the highest caliber, denies it, while John Taylor, an equally respected monetary economist insists on it. Some Fed studies accept responsibility while others deny…