should-have

Paul Krugman: The Case For Higher Inflation

by on February 13, 2010

Olivier Blanchard, normally at MIT but currently the chief economist at the IMF, has released an interesting and important paper on how the crisis has changed, or should have changed, how we think about macroeconomic policy.

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Paul Krugman: The Case For Higher Inflation

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Simon Johnson’s Analysis: Economist’s Testimony Predicts Changes In 2010

by on February 9, 2010

In recent months, the US economy entered a recovery phase following the severe credit crisis-induced recession of 2008-09. While slower than it should have been based on previous experience, growth has surprised on the upside in the past quarter.

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Simon Johnson’s Analysis: Economist’s Testimony Predicts Changes In 2010

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Paul Krugman: What Obama Failed To Do In His First Year

January 18, 2010

Lately many people have been second-guessing the Obama administration’s political strategy. The conventional wisdom seems to be that President Obama tried to do too much — in particular, that he should have put health care on one side and focused on the economy. I disagree. The Obama administration’s troubles are the result not of excessive ambition, but of policy and political misjudgments.

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DOT-BOMBS GIVE WAY TO REAL ESTATE, JOBS IMPLOSION (Chicago Sun-Times)

December 31, 2009

Can it really be 10 years since we were stocking our cellars in anticipation of Y2K? We should have been stocking our retirement funds, paying down the mortgage and hugging young family members who would shortly be called off to war — or wars.It’s amazing how silly the preoccupations of the moment can look years later. Ten years ago, housing prices only went up, Internet stocks were sure-fire …

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FDIC New Frontier Report: Bank Was Warned Of Risky Practices As Early As 2004

October 27, 2009

Federal bank regulators repeatedly warned the now-collapsed New Frontier Bank it was taking financial risks it could not cover and lacked the systems to ensure loan officers made good decisions, according to an investigation by a federal inspector general. The “material loss review” for the Federal Deposit Insurance Corporation concludes that bank officials failed to implement proper risk-management strategies despite multiple warnings starting in 2004. The report also says regulators should have moved more aggressively to protect the bank from itself.

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Thain: I Should Have Furnished My Office At Ikea

September 18, 2009

John Thain, the former chief executive officer of Merrill Lynch & Co. who was accused of overspending on an office renovation as the broker teetered, said he should have bought less-expensive furniture at Ikea.

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