Paul Krugman, winner of the 2008 Nobel Prize in economics, was in the United Kingdom earlier this month, to give the London School of Economics’ annual Lionel Robbins Memorial Lectures. This was Mr. Krugman’s second time giving the lecutre, having already done it for the first time in 1988.
During the lectures, Krugman focused on two [...]
Monthly Archives: June 2009
Krugman in London
Posted on June 17, 2009 – 11:00 PM
Stock Watch: Looking out for Recovery
A great deal of speculation has been taking place regarding whether North America has passed the “bottom” of the financial crisis. While many economist claim that the expectations of the government, media and general public are overwhelmingly saccharine, there have been signs suggesting America is well into recovery. Monthly U.S. job losses, which routinely approached [...]
Posted on June 12, 2009 – 10:19 AM
A Historian and an Economist Walk Into a Bar…
Although there has been widespread debate over the causal relationships leading to a widening yields on longer-term US debt and a steepening yield curve, Princeton economist Paul Krugman and Harvard historian Niall Ferguson have come to personify the two sides of the argument (their skirmish originated at this panel).
Yields on the 10- and 30-year Treasuries [...]
Posted on June 9, 2009 – 4:24 PM
No More Credit Cards
This past week, both houses of Congress voted through a bill that will put in place numerous new restrictions on U.S. credit cards companies. The bill was designed to protect consumers, who have allegedly been gouged by the credit giants. However, some argue that the new regulations will punish responsible users by taking a paternalistic [...]