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What happened to FREE markets in London?
Thanks to Reuters' MacroScope blog for noticing: Keith Hennessey, a former top economic adviser to President George W. Bush, saw this one coming. He rightly predicted that the Group of 20 would drop a key [...]
CNN interview today
Heidi Collins of CNN interviewed former Clinton Labor Secretary Robert Reich and me this morning around 10:30 AM on CNN Newsroom. To my surprise, Secretary Reich and I agreed on a lot. We both came [...]
Jobs Day
The Bureau of Labor Statistics released the March employment report at 8:30 am. Here is the least you need to know: Net payroll employment declined in March by 663,000 jobs. That's a terrible number, and [...]
Is $700 billion enough? Clearing up the confusion (or at least trying to)
Last Friday I raised the question of how much funding is left in the TARP. This is now a broader discussion involving Secretary Geithner and the Treasury staff, the General Accounting Office, the Wall Street [...]