The fewest numbers you need to know...

Larry Summers and I debated “Did Fiscal Stimulus Help the Economy?” at Harvard this week...here is a summary of things I said in my opening remarks...

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...

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...