economic/political links du jour
Greg Mankiw gives a brief introduction to demand, explaining how to get out of a recession and why the various solutions don't work.
Paul Krugman shows how the tools (that we thought could have prevented the Great Depression) aren't working.
Naked Capitalism guides us through a Wall Street Journal article that is calling out Robert Rubin (former Sec. of Treasury under Clinton) for his part in the economic mess.
The Wall Street Journal argues that Obama's message of change and his decision to keep Gates as Sec. of Defense are compatible because Gates and Mullen represent a new approach (and return to pragmatism) already underway at the Department of Defense.
Paul Krugman shows how the tools (that we thought could have prevented the Great Depression) aren't working.
Naked Capitalism guides us through a Wall Street Journal article that is calling out Robert Rubin (former Sec. of Treasury under Clinton) for his part in the economic mess.
The Wall Street Journal argues that Obama's message of change and his decision to keep Gates as Sec. of Defense are compatible because Gates and Mullen represent a new approach (and return to pragmatism) already underway at the Department of Defense.