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Larry Summers’ New Model
Larry Summers spoke on Friday afternoon at the InterAmerican Development Bank in Washington DC. As he was addressing a group with much experience living through and dealing professionally as...
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Is Everyone Confused Yet? (Bank Stress Tests)
The public relations campaign packaging the bank stress tests is kicking into high gear and our professional information managers are really hitting their stride. They face, of course, a classic spin...
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Is Larry Summers The Next Gordon Brown?
Gordon Brown, the British Prime Minister, is in big trouble. It turns out that a medium-sized industrialized democracy like the UK can be run in pretty much the same way as a traditional emerging...
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Today’s Foundation, Tomorrow’s Crisis: The Geithner-Summers Proposals
Writing in the Washington Post this morning, Tim Geithner and Larry Summers outline a five point plan for dealing with the underlying problems in our financial system, entitled A New Financial...
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Firefighter Arson And Our Macroeconomic Policymakers
Firefighter arson is a serious problem. The U.S. Fire Administration, part of Homeland Security, concluded in 2003, “A very small percentage of otherwise trustworthy firefighters cause the very flames...
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