January 4, 2009

Quote of the Day: 1921 Edition

           -- Henry Ford (Source: NYT, October 28 1921, p. 1)...

Is Financial History Bunk?

Henry Ford said it first and best, “History is more or less bunk”. Is financial history any different? I ask myself that question a lot lately, almost every time I read something where the analysis compares the current “recession”...

Sneak Peek at Weekend Reading

Here is a sneak peek at some links from my weekly Weekend Reading column over at TheStreet. Britain to go broke in 2009 (Bloomberg) Demographics, aging and our economic future (The Economist) More Laptops Shipped Than PCs in Q3 (Byte...

Dave Barry on 2008

I’ll confess to a guilty pleasure in Dave Barry’s annual year-end reviews, and this one is no different. SEPTEMBER …But the presidential campaign is soon overshadowed by the troubled economy. The federal government is finally forced to take over Fannie...

People Who Got Lost Suggesting Path Forward

I like writer Michael Lewis a great deal, but his latest piece for the NYT OpEd page irritated me. Yes, it was an obvious idea, having Lewis co-write a long piece on Where We Go From Here with David Einhorn...

BlogWatch: Robert Hall of NBER

I had this mentioned to me today at the AEA conference, but Robert E. Hall now has a blog. He is, of course, the chair of the NBER business cycle dating committee (the people who say when U.S. recessions start/stop),...
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