Daily Kos:
Today's the big day in Georgia, and we're all pulling hard for a shocker from Orange to Blue Democrat Jim Martin. The race is going to come down to turnout - for Martin to win, it would take low turnout overall, coupled with (Read More)
The Guardian:
Kenneth Rogoff: This once-in-a-lifetime economic recession requires a unique response. Inflation is needed to combat the crisis
. (Read More)
Submitted by thePuck
from Google Reader:
I’m constantly amazed at the number of articles written about how to gain more followers on Twitter. And the number of people who spend considerable portions of their day following this advice by trolling for extra followers (Read More)
Wall Street Journal:
WASHINGTON (MarketWatch) -- The economy should gradually emerge from recession in 2009 with growth gradually picking up in the second half of the year, said Charles Plosser, the president of the Philadelphia Fed Bank on Tuesd (Read More)
Reuters: Private Equity:
DETROIT, Dec 2 (Reuters) - The leadership of the UnitedAuto Workers plans to brief members on the economics of theembattled Detroit automakers on Wednesday, a day after thecompanies are set to submit restructuring plans to U. (Read More)
Times Online:
It was the big economic question last week. Who could read the mind of Paul Krugman better? Freakonomists or the Marginal Revolters?That was the challenge posed by Justin Wolfers and Tyler Cowen with Paul Krugman himself judg (Read More)
Times Online:
Gordon Brown is keen for us to believe that the current economic crisis began in America.
Professor Michael Pettis disagrees. (Read More)
Business on HuffingtonPost.com:
In 1999, economist Paul Krugman wrote a book entitled "The Return of Depression Economics," which examined the string of economic crises that plagued nations spanning from Asia to Latin America during that decade. Nine years (Read More)
Huffington Post:
The announcement today included his selection for Secretary of State, Hillary Clinton. He also announced that Susan Rice will serve as ambassador to the United Nations, Gen. James L. Jones will be national security adviser, a (Read More)
USATODAY.com - On Deadline:
Good morning. It's Tuesday. The economic downturn could continue until 2010, the Los Angeles Times reports. "This one has a potential to be longer and deeper than other postwar recessions," Lee Ohanian, a professor of economi (Read More)
The Guardian:
Further grim news on the economy emerged this morning as a survey showed the country's once-booming construction sector contracted for the ninth month running in November - and at the fastest pace on record.The CIPS/Markit pu (Read More)
Willem Buiter's Maverecon:
The (formerly) advanced industrial countries are all in or headed for the liquidity trap ‘lite’. This is the situation where the short-term risk-free nominal interest rate cannot fall any further. A ‘heavy (Read More)
washingtonpost.com -:
If Americans had mattresses big and secure enough to stuff hundreds of billions of dollars into, they wouldn't have to buy U.S. Treasury bonds to keep their money safe. (Read More)
guardian.co.uk: The Guardian newspaper: Comment & debate:
A rare silver lining in this recession is that a veil of mystery is being lifted from the longstanding lending practices of British banks. Suddenly they are understood as not necessarily always in the best national economic i (Read More)
Financial Times:
Withdrawal based on uncertainty over the economics of the deal after it was transformed from being a straightforward purchase of 35 per cent of Bumi to the formation of a strategic partnership. (Read More)
Wall Street Journal:
The econoblogosphere has lost one of its most influential voices, as the news emerged that Calculated Risk blogger Doris Dungey, better known as Tanta, passed away from ovarian cancer on Sunday.Started in 2005, Calculated Ris (Read More)
Willem Buiter's Maverecon:
Stigma is routinely trotted out by assorted monetary authorities as a reason for not revealing the identities of banks or other entities that borrow from the central bank at the discount window or at any of the myriad other l (Read More)