From the videos of a number of McCain-Palin supporters at rallies and elsewhere, it appears that there is a non-trivial portion of the population that is actually afraid of Barack Obama as President. Note that I’m not referring to people who simply disagree with Obama’s policies, I actually mean people who fear Obama, people who [...]
Tyler Cowen’s summary of Dr. Krugman’s work is, as usual, excellent. Congratulations, Dr. Krugman. Perhaps, given your work in international trade, international finance, and financial (specifically currency) crises, it’s not surprising that you’d be recognized during one of the largest international financial crises in history… particularly given that you’ve been sounding warning bells since several [...]
This week: the failure of the bailout. Possibly. If I had to bet at even odds, I’d bet against near-total seizure of global credit markets, but it’d be a closer call than I think I want to admit to myself. If it does fail, however, it’s likely to do so sooner rather than later, and [...]