Tim Geithner’s confirmation hearing will be held Wednesday. The members of the Senate Finance Committee will ask him lots of tough questions about his tax forms and maybe even the financial bailouts he orchestrated as president of the Federal Reserve Bank of New York. Some will raise their eyebrows disbelievingly at his answers. A few [...]
I’ve got a brief piece in today’s Der Standard, everybody’s favorite pink Austrian newspaper. It begins: Die USA haben im 20. Jahrhundert zwei große wirtschaftspolitische Kurswechsel erlebt —Franklin Roosevelts New Deal und die Reagan-Revolution in den Achtzigerjahren. Die Ankunft von Barack Obama im Weißen Haus in Zeiten des Finanzkollapses und einer tiefen Rezession erscheint wie [...]
Because I have the attention span of a gnat, I spaced out during the economic policy section of our new president’s Inaugural Address. So I went to the text. Here it is, with a little bit of annotation: We remain the most prosperous, powerful nation on Earth. Our workers are no less productive than when [...]
My new Barack Obama action figure, a gift from Mrs. Curious Capitalist and Curious Capitalist Jr., joins my windowsill team of Jack Bogle and Clarence Seedorf (depicted in an earlier phase of his life when he played for Inter Milan and had hair) just in time for Inauguration Day. I don’t want to be partisan [...]
In the past 20 minutes two different friends have emailed me to say they’re about to gather in their corporate auditoriums to watch the inauguration. We’ve got that going on here at Time Inc., too, though, you’ll notice, I’m still working away. Someone’s got to keep an eye on labor productivity. For slightly more informed [...]
