international business

111th Congress: The Hill watching the watchers.

JD Hull
January 06, 2009 00:11

See, e.g., the Los Angeles Times and Bloomberg. The House Financial Services Committee takes a stab today at the SEC's past monitoring of the Madoff funds' business and investment methods, which some SEC employees had allegedly regarded as "questionable" and...See, e.g., the Los Angeles Times and...

Force-starting the economy: one way out?

JD Hull
January 06, 2009 00:05

See at Reuters "Japan's Yosano Says Quantitative Easing May Not Work". In "quantitative easing", governments flood the banking system with new money to promote lending; it generally happens when lowering "official" interest rates doesn't do anything because rates are close...See at Reuters "Japan's...

Greenspan: "I made a mistake."

JD Hull
January 02, 2009 09:19

In Salon, see Andrew Leonard's excellent "The Economy Crumbled"--but then let's get busy cleaning up our mess. WAC? prefers Pollyannas who like to solve problems. Excerpt: There were warnings along the way. Cassandras who feared that exotic financial innovation, specifically...In Salon, see Andrew...

Getting America back to work.

JD Hull
December 31, 2008 11:49

See yesterday's piece at London's The Economist, "The People Puzzle". Excerpt: An energetic debate on displaced workers—on the role of the private sector, for example, or which training programmes give the best return to workers and taxpayers—has yet to emerge....See yesterday's piece at London's Th...

Darwinian

JD Hull
December 29, 2008 04:43

Associated Press (Ellen Simon) piece of December 26: NEW YORK (AP) - Economic cycles are Darwinian, picking off weak companies and leaving survivors stronger. More than a year into the recession, solid retailers have their pick of mall space. Respected...Associated Press (Ellen Simon) piece of...