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  Blinder Zandi Depression Paper The New York Times today publishes a really weird article about a paper by two economists. It runs under the headline, "In Study, 2 Economists Say Intervention Helped Avert a 2nd Depression." Missing from the article is the following information: Where the paper was published (a peer-reviewed journal?) A hyperlink to the paper itself Any information about the authors other than the following identifiers: "Alan S. Blinder, a Princeton professor and former vice chairman of the Fed, and Mark Zandi, chief economist at Moody's Analytics." Blinder Zandi Depression Paper The New York Times today publishes a really weird article about a paper by two economists. It runs under the headline, "In Study, 2 Economists Say Intervention Helped Avert a 2nd Depression." Missing from the article is the following information: Where the paper was published (a peer-reviewed journal?) A hyperlink to the paper itself Any information about the authors other than the following identifiers: "Alan S. Blinder, a Princeton professor and former vice chairman of the Fed, and Mark Zandi, chief economist at Moody's Analytics." New York Times on the Wall Street Card A news article in the New York Times under the headline "Both Parties Play the Wall Street Card, Sometimes From the Bottom of the Deck," reports:
The Fed and the Stock Market From a New York Times news article about the Federal Reserve and the dollar:
Right. Heaven forfend that the dollar or the Federal Reserve actually become the subject of a political debate! The Times (nor the Wall Street Journal, which interviewed her) doesn't ask her why she opposes such a debate. Does she think that the American public is too stupid or unsophisticated to engage in it? Is she afraid of losing it? Are there any other subjects that involve trillions of dollars of money and a government institution with important effects on the economy that should be outside of political debate? More: Pimco, Bolten, Greenspan and Kashkari The New York Times has a good story about the fact that Pimco is using the names of Alan Greenspan, Joshua Bolten (who was President George W. Bush's chief of staff) and former Treasury official Neel Kashkari to help raise money for a new fund to buy distressed mortgage debt from banks. It's been reported that Mr. Greenspan consults to Pimco and that Mr. Kashkari went to work there, but I hadn't seen the Bolten angle before. One quibble with the Times story: It says, "While Pimco did not create shoddy mortgages or contribute to the crisis, its presentation to investors, which was prepared in October, suggests that former senior officials are now poised to help investors benefit from the disastrous financial developments that occurred while they held power in Washington." New York Times on the Wall Street Card A news article in the New York Times under the headline "Both Parties Play the Wall Street Card, Sometimes From the Bottom of the Deck," reports:
The Fed and the Stock Market From a New York Times news article about the Federal Reserve and the dollar:
Right. Heaven forfend that the dollar or the Federal Reserve actually become the subject of a political debate! The Times (nor the Wall Street Journal, which interviewed her) doesn't ask her why she opposes such a debate. Does she think that the American public is too stupid or unsophisticated to engage in it? Is she afraid of losing it? Are there any other subjects that involve trillions of dollars of money and a government institution with important effects on the economy that should be outside of political debate? More: Pimco, Bolten, Greenspan and Kashkari The New York Times has a good story about the fact that Pimco is using the names of Alan Greenspan, Joshua Bolten (who was President George W. Bush's chief of staff) and former Treasury official Neel Kashkari to help raise money for a new fund to buy distressed mortgage debt from banks. It's been reported that Mr. Greenspan consults to Pimco and that Mr. Kashkari went to work there, but I hadn't seen the Bolten angle before. One quibble with the Times story: It says, "While Pimco did not create shoddy mortgages or contribute to the crisis, its presentation to investors, which was prepared in October, suggests that former senior officials are now poised to help investors benefit from the disastrous financial developments that occurred while they held power in Washington."
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