Inspection of the Administration’s approaches to previous policy issues provides some instructive precedents [0], [1], [2], [3], [4] to consider in light of current policy challenges in the financial markets.
Quick links
Here are a couple of nice summaries of the credit crunch and the Fed’s response.
NCAA basketball: Round 2
Here’s the status of the 2008 NCAA Bracket Econbrowser Challenge now that the tournament is down to 16 surviving teams.
In memoriam: John E. Flavin, Jr. (1922-2008)
Some personal reflections on the last year of my father-in-law, who died Thursday at the age of 86.
NCAA basketball: postmortem for Round 1
Herewith an update on how the
2008 NCAA Bracket Econbrowser Challenge stands after round 1.
More bad news
More confirmation that the slowdown in housing has spilled over to manufacturing.
NCAA Basketball: Day 1
We seem to have no fewer than six separate entries in the 2008 NCAA Bracket Econbrowser Challenge with a perfect score so far, having accurately predicted the outcome of all 16 of the first night’s basketball tournament games. And five of those perfect entries all seem to have been submitted by a certain M. Goodrum.
Hmmm… this guy could be tough to beat.
De-Globalization? Musing about Oil Prices and Trade Costs
This post recaps a post from over a year and a half ago, in light of surging oil prices. Most attention is rightly focused on the supply side effects of the increase in the real price of oil. However, another facet is the impact on transportation costs, and hence the tradability of goods across borders.
2008 NCAA Bracket Econbrowser Challenge
Less than 21 hours left to sign up for the 2008 NCAA Bracket Econbrowser Challenge. Register and fill in your bracket both at this link.
Another 75
How much ammo is left in that fed funds gun?