Federal Reserve Board
In Praise of Jeremy Stein, Obama's New Fed Board Nominee
Just a quick word about Jeremy Stein, the Harvard financial economist Obama is nominating to serve on the Federal Reserve Board. I suspect critics on the left (and perhaps on the right) will seize on the fact that Stein was close to Larry Summers, who brought him into the Obama administration to work at the NEC. READ MORE >>
Liberal v. Conservative Fed-Bashing
Social Security as Part of an Economic Fix
Economist Peter Diamond is not sitting on the Federal Reserve Board, thanks to GOP opposition. But, at least today, the republic’s loss is The New Republic’s gain. This week TNR.COM is running a symposium on creative economic ideas and Diamond has contributed to it. READ MORE >>
Lindsay Lohan's Right-Wing Monetary Views
Lindsay Lohan turns out to be a hard money crank: READ MORE >>
The Diamond Travesty, Continued
Nearly a day has passed since Peter Diamond announced he's withdrawing his nomination to the Federal Reserve Board in the face of intractable Republican opposition. I remain convinced that it's a travesty and I don't seem to be the only one. Via e-mail, here's Henry Aaron, the Brookings economist and quite possibly one of the most fair-minded people I know: READ MORE >>
Disaster Not Averted
Free Peter Diamond!
Few political spectacles depress and alarm me right now more than the stalled nomination of Peter Diamond. READ MORE >>