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How I Freaked Myself Out: Economic Crisis Management Teams, 2009 vs. 2019

In the wake of the pre-holiday meltdown in the financial markets, I thought for a few minutes about who would be doing crisis management, especially after SecTreas Mnuchin’s ham-fisted attempt to calm the markets. My musings did not calm my nerves. Consider the January 2009 team and the (likely, barring further dismissals) January 2019 team, and you’ll see what I mean.

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Year in Review, 2018: Readers’ Suggestions?

Last year’s review was subtitled “Fighting against the Normalization of Lying”, with entries on Stephen Moore’s estrangement from the truth, Ironman’s misunderstanding of consumer surplus, and Donald Trump’s confusion over debt vs deficits, among others.

Put in suggestions for this year (preferably from the Econbrowser archives or comments); some candidates: the oil embargo of 1967 , recession in California , the miracle of Wisconsin’s manufacturing revival since the tax credit (hint: there is no miracle) , or how we won the trade war with China before the leaves fell .