Barry Ritholtz accuses Mayor Bloomberg of helping to spread the Big Lie about the financial crisis. The Big Lie made a surprise appearance Tuesday when New York Mayor Michael Bloomberg, responding to a question aboutOccupy Wall Street, stunned observers by
Tyler Cowen points out that the median household is not doing very well lately, noting that real median household income was 8.3% lower in 2012 than it was in 2007. Pretty depressing. The headline of his post is The Great
US diplomacy has lost the latest round in the Syria showdown. Just as the Assad regime embraced the proposal to place its chemical weapons under international control, it restarted its bombing campaign against rebel positions in Damascus.
With Larry Summers out of the Fed chairman race, Ben Bernkanke's successor is unknown. Jim Pethokoukis, American Enterprise Institute, and John Tamny, Forbes, discuss the President's possible pick. And John Taylor, Stanford University economics professor, discuss rules to govern the U.S monetary policy.