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February 21, 2012 | Economics One

Getting Off Track and the Panic of 2008 Revisited

I first wrote about the panic of 2008 (including the Lehman bankruptcy, the AIG bailout, and the rollout of the TARP) in my book Getting Off Track...If you look at the charts in that book you will see a detailed consideration of the daily data...
February 20, 2012 | Corner (National Review Online)

As Time Goes By...

It is hard to remember a more tense time in the last 20 years...
February 16, 2012 | Cafe Hayek

Inequality and Stagnation

The fact that the world looks dramatically more prosperous may be due to cloudy vision, or bias. But they do cause you to wonder if the data that are being used to measure stagnation are not completely accurate or perhaps the data are distorted by the way they’re collected...
February 15, 2012 | Corner (National Review Online)

Greek Tragedies

There are a lot of new twists to the old story of massive demonstrations in Greece...
February 13, 2012 | What Paul Gregory Is Writing About

I Repeat: There Is No Greek Solution

Greece has held on so long by making promises it cannot keep, which its European neighbors pretend to believe. This farce is coming to an end...
February 9, 2012 | Corner (National Review Online)

Which Way Greece?

One question that rarely arises about Greece is “where did all those hundreds of billions of Euros really go?”...
February 6, 2012 | Economics One

Reassessing the Recovery

What are the implications of all the recent economic reports for an assessment of the recovery from the 2007-09 recession? In my view, they still indicate a very weak recovery...
February 1, 2012 | What Paul Gregory Is Writing About

My Advice: Ignore All Headlines on Solution of Euro Crisis

So far I have counted about 25 announcements that the Euro crisis has been resolved or is about to be. I guess these headlines are wishful thinking...
February 1, 2012 | KeithHennessey.com

Response to the Klein deficit chart

A friend challenged me to respond to this chart and this post by Mr. Ezra Klein in the Washington Post...Here is my response...
January 31, 2012 | Corner (National Review Online)

Are We All Peasants Now?

The U.S. is starting to feel a lot like Europe, where the peasant mindset of a limited good reigns, and the technocracy struggles to manage the economy and keep funding its redistributive social services...