Worth Reading
Key business sector gauge at highest level since 2006. Brad DeLong: Obama economic team has exceeded expectations. Lending in Europe contracts again. READ MORE >>
The Year's Biggest Ideas in Economics
Continuing a tradition of mine, here is a shamelessly subjective list of the most noteworthy research which came out in the last year: READ MORE >>
Worth Reading
Research: Those in positions of power are more likely to cheat. Tyler Cowen: Maybe Fed isn't targeting inflation because it would hurt bank recovery. READ MORE >>
Worth Reading
How much are Iran's economic woes a factor in the continued unrest? How low rates are making saving an unattractive option. Fed gets a little more specific on plans to mop up excess reserves. READ MORE >>
Worth Reading
Examination shows New Century didn't relax its lending standards. Should we be optimistic about the increase in temp hiring? Justin Fox is leaving Time for the Harvard Business Review. READ MORE >>
The Fed's Exit Strategy Could Be Graceful
There's been much hullabaloo over the Fed's ability to quickly remove the hundreds of billions of dollars it has pumped into the financial system after the economy recovers, but before the increased money supply sparks inflation. READ MORE >>
Worth Reading
Bernanke explains (unconvincingly) why the Fed won't consider an inflation target. Bob McTeer on why we should've been more optimistic about TARP. READ MORE >>
Worth Reading
Bernanke first Fed chair to be named Time's Person of the Year. Luigi Zingales wants targeted Tobin tax on short-term debt. Andrew Gelman rips into Steve Levitt's statistical thinking. READ MORE >>
Worth Reading
Poll: 50% say they are worried about falling out of their social class. Fiscal stimulus can work very well when interest rates are close to zero. But not everyone agrees. READ MORE >>
Worth Reading
Former Fed staffer criticizes both Greenspan and Volcker. Links roundup on Paul Samuelson's death. READ MORE >>