Category Archives: Finance

May 12, 2010

Deciphering the Crisis in Greece and Its Significance for America

With the world’s stock and bond markets thoroughly roiled by Greece’s sovereign debt problems, it’s only natural to ask the…Continue reading

May 4, 2010

How Toyota and Goldman Sachs Stumbled — and We Could,…

Powerful and wildly-successful institutions sometimes act like teenagers and addicts, unable to recognize their own self-destructive behavior. This year’s top…Continue reading

April 29, 2010

A New Progressive Economic Strategy, Part 4: The Global Economy

In a global economy, even the world’s largest economy by a factor of three (that’s us, compared to Japan and…Continue reading

March 30, 2010

A New Jobs Program for America

We have a really, serious problem with job creation. It’s been more than a half-year since the economy began to…Continue reading

March 10, 2010

Why Progressives Should Work to Control the Rising National Debt

Politicians on the lookout for ways to stir up voters recently have lit upon America’s fast-growing national debt, whether the…Continue reading

February 10, 2010

The New Dominos as the Economic Crisis Enters its Latest…

The dislocations from the worldwide, economic meltdown aren’t over by a long shot. Nearly two years after Bear Stearns’ collapse,…Continue reading

January 20, 2010

The Serious Economic Measures that Congress Won’t Consider

What amounts to a small miracle for Washington just happened: The Congressional Budget Office (CBO) issued a new report on…Continue reading

December 2, 2009

How to Create New Jobs in a Troubled Economy

The inconvenient truth that lies behind this week’s White House jobs summit is that there are no magic bullets for…Continue reading

November 18, 2009

Storms on the Economy’s Horizon

The high economic anxieties that most Americans felt six months ago may have faded, but count me among economists who…Continue reading

May 7, 2009

Efficient Markets and the Economic Meltdown

I found myself this week addressing the chairman of the SEC and three other commissioners at a forum on short…Continue reading