Regulation
Reviewing the Financial Crisis
Nicole Gelinas has a great piece surveying a number of books on the financial crisis. Contrary to conventional wisdom, many in the finance world foresaw the collapse, some big…
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Where Were These Guys a Few Months Ago?
At a recent town-hall meeting, Federal Reserve chairman Ben Bernanke said he had to ‘hold my nose’ over bailouts. I wish he had expressed some of those misgivings when…
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On Specter’s Economic Remarks
Roxbury News has posted video of Arlen Specter’s remarks yesterday (part II here) at the State Capitol. Three things really bother me regarding his defense of his vote…
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The Age of Prosperity Is Over
Art Laffer in today’s Wall Street Journal on how the bailout mentality is bad news for our economy: Whenever the government bails someone out of trouble, they always…
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Root causes of the financial “crisis”
I attended a conference late last week feature a number of economists, and was surprised to discover a great deal of disagreement about what caused the “crisis” in the financial…
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The case Barlett hasn’t made
Bruce Bartlett attempts to justify the bailout (“The case Bush hasn’t made”) by explaining that the financial sector is different than other sectors, that a collapse in the financial…
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Free Market Alternatives to the Bailout
Pat Toomey of the Club for Growth hosted a conference a call to discuss the economics of the proposed bailout. Toomey commented that the financial market does not seem…
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