Posts Tagged ‘great recession’

  • The Fed Debate

    Sep 5, 12 • 349 Views • No Comments

    10 years ago, the future Federal Reserve Chairman Ben Bernanke said to Nobel laureate Milton Friedman, “Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” What...  [read more]

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    Election Economics: More of the Jobs Story

    Sep 3, 12 • 268 Views • No Comments

    Here are some jobs facts that might be helpful when you listen to the candidates. During 1933, the unemployment rate was a cataclysmic 24.9%. Having entered office that year, FDR was re-elected in 1936 with unemployment still soaring but better at 16.9%. The...  [read more]

  • The Congress and the Deficit

    Solving Our Economic Problems

    Jul 29, 12 • 209 Views • No Comments

    Having experienced an economic calamity, don’t we just need to figure out how to prevent it from happening again? Yes…but that might be impossible. MIT economist Andrew Lo read 21 books on the financial crisis. 11 were from academics, 10 from...  [read more]

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    “Boomerangers,” the Recession and the Family

    Aug 13, 11 • 262 Views • No Comments

    The “boomeranger” has returned. A Pew Research Survey found that 13% of all households are composed of parents with adult children who moved away and then returned home. Pew’s respondents say the economy was the reason these...  [read more]

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    A QE2 Eulogy

    Jul 1, 11 • 311 Views • No Comments

    Although QE2 ended yesterday, eulogies for the Fed’s $600 billion bond buying program did not focus on the qualities of the deceased and why we will miss her. Yes, some did believe that things would have been much worse without QE2. But others were...  [read more]