Archive for the ‘Financial Markets’ Category

Are Ever Larger Global Booms and Busts Really Inevitable?

February 14th, 2014

I’ve been meaning to respond to this piece by Eduardo Porter from a few days ago on both recent and historical stirrings in global financial markets.  I found it to be unduly depressing and defeatist.  At least, I think it’s “unduly” so—there’s a chance the Porter’s right. The piece argues that the future holds bigger… Read more

Inequality: A Market Test

February 3rd, 2014

Finally have a moment to collect thoughts today, and wanted to reflect on some interesting inequality discussions in the papers this morning. Two points, united by one academic study (and it’s one I’ve focused on before in these pages). First, the NYT reports on evidence of higher inequality—more specifically, a squeezed middle class—in current consumer… Read more

Inequality and Accountability

January 24th, 2014

Thanks to the fading of the budget deficit as the only thing “responsible” policy makers must talk about, issues of greater near-term concern to both the economy and most of the people in it are surfacing in the echo chamber of public debate. Inequality has most notably surfaced of late, thanks in part to the… Read more

Musical Interlude…Wall St. to DC: Ain’t Nobody Here But Us Chickens!

January 17th, 2014

In the interest of good aesthetics, I’ve made a point of keeping the economics work separate from the musical suggestions.  But this week I violate that, combining a strange and dissonant article about how DC’s financial market regulation has just completely dominated those formerly high rollers up on Wall St., with the great R&B artist… Read more