New column: Teetering since 1812

My new column is online and in the issue of TIME with some guy flubbing his oath of office on the cover. It begins:

City Bank of New York was founded in 1812 by a group of merchants hoping to fill the void left by the demise of the first Bank of the United States, the sort-of central bank whose charter Congress had allowed to expire the

Will Tim Geithner Be Saved By the Apple Rule?

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 …

Obama’s Inaugural-Address economics

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 this crisis began. Our minds are

Team of rivals

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 here: If and when a John …

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