Shutdown: Complacency on Wall Street Could Be Worse Than a Panic
From the New York Times “DealBook” Blog by Jason Eissenger: Don’t look to a market panic to save us. We are in upside-down world, where a freak-out now would help stave…
With Summers out, Yellen is now favored to lead the Federal Reserve
In the last month, a groundswell of opposition from economists and the public alike has led to positive development. After a major announcement last week by 3 key Democratic Senators…
Update: 300 economists sign letter supporting nomination of Yellen as Fed Chair
From today’s LA Times: More than 300 economists have signed anopen letter to President Obama urging him to nominate Janet L. Yellen to be the next head of the Federal Reserve, citing her “consistently good judgment”…
Nobel laureate criticizes Summers for deregulation leading to recession
Nobel laureate economist Joseph Stiglitz makes a case for Janet Yellen to head the Federal Reserve, and criticizes Larry Summers, who is President Obama’s alleged first choice, for his support…
Summers opposed as pick for Fed Chair by Editorial Board of the NYT
The editorial board of the New York Times makes a clear and convincing case that Lawrence Summers should not be nominated as the Chair of the Federal Reserve. I couldn’t agree…