Deez Steeles

Sara and I watch the Daily Show on Hulu.  Tuesday’s guest was Austan Goolsbee, chief economist of Obama’s Economic Recovery Advisory Board. Goolsbee made one point that I thought was really interesting, and clearly shows my misunderstanding of macro- vs. microeconomics.  Gooslbee said that earlier this year we were on the verge of “Another Great [...]

The New York Times is doing a series of articles exploring the causes of the current financial crisis. I just read this article:  The Reckoning: White House Philosophy Stoked Mortgage Bonfire As early as 2006, top advisers to Mr. Bush dismissed warnings from people inside and outside the White House that housing prices were inflated [...]