Post Tagged with: "James Galbraith"
The European project is doomed without reform
Europe is in a dire situation. If it doesn’t address the underlying causes of the Greek crisis quickly, Europe’s political project will face the same fate as communism and the US Confederacy, writes James K. Galbraith
James Galbraith on Ben Bernanke’s Press Conference and the Federal Reserve
Here is a prequel to Ben Bernanke’s press conference from James Galbraith. He seems to think that this approach is risky. But, in retrospect, Bernanke acquitted himself well. Gavyn Davies said it well. That goes to style though. I agree; Bernanke was poised and god on style. But what about the mechanics and the substance? Here are some questions from Galbraith that weren’t really asked or answered
Galbraith: Thoughts on a Plan B
The following is a post by James K. Galbraith as originally published this Monday at the New America Foundation’s website. In July 2008, in a memorandum for the Obama campaign team and later published in Challenge, I wrote as follows: If the above analysis is correct, the political capital of the new presidency risks being
Deficits Do Matter, But Not the Way You Think
By L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability and Senior Research Scholar at The Levy Economics Institute. In recent months, a form of mass hysteria has swept the country as fear of “unsustainable” budget deficits replaced the earlier concern
Galbraith, Stiglitz and Soros on resisting the inevitability of the Greek debt crisis
I would love to have gone to the Institute of New Economic Thinking (INET) conference in Cambridge, but the timing was wrong for me. The effort, sponsored by George Soros, is a much needed collaboration of ideas to help prevent a crisis like the one we are now experiencing. Marshall Auerback reported yesterday on some
James Galbraith: How financial stability creates instability
Below are three videos from a talk at the 2009 Economics of Peace Conference in Sonoma, CA, where James Galbraith talks about the Hyman Minsky concept of the instability of stability. This concept is fundamental to the behavioural psychology behind capitalist systems. This is a case where stability invites greater risk-taking and eventually creates instability.
Links: 2009-10-27
CyanogenMOD Hits Stable 4.2.1 Release, Reduces Home Screen Lag – Lifehacker Very good hack FT Alphaville – South Korea in a won-win situation Ex-Morgan Stanley’s Stephen Jen is bullish Helicopter Crashes Kill 14 Americans in Afghanistan – WSJ.com Buried on page A11 Laptops Cited for Pilot Inattention – WSJ.com Crossword puzzles, magazines and other diversions
Obama’s finance reform speech fizzles; big banks set to reinflate bubble
Marshall Auerback here. I have been posting at an interesting new site called New Deal 2.0. You may have seen Edward linking out to articles on the site. Edward saw an article I wrote there recently and asked me to post it here as well to highlight a recurrent theme at Credit Writedowns – namely
Links: 2009-07-15
Sotomayor Surprises Sessions — Taegan Goddard’s Political Wire Another example of how the GOP must be careful to not look anti-Hispanic. James Galbraith Testimony on Fed Galbraith opines on Fed as super-regulator and other good stuff like whether the FMC voting arrangement is constitutional Gallery – The enemy within: 10 human parasites – New Scientist
Galbraith and Buffett think a second stimulus is necessary
In reaction to recent comments about more stimulus by Laura Tyson, an advisor to President Obama, we have seen a host of commentators make their opinion known. Here are two more well regarded pundits: James Galbraith and Warren Buffett. They are both indicating more stimulus is necessary. James Galbraith makes his point on Bloomberg. His
UK: Canary in the coalmine or light at the end of the tunnel?
Marshall Auerback here with some thoughts on the UK given the recent stellar performance of Sterling. “The Conservative belief that there is some law of nature which prevents men from being employed, that it is ‘rash’ to employ men, and that it is financially ‘sound’ to maintain a tenth of the population in idleness for
Obama sacks Geithner and Summers, calls for change
This post was an April Fool’s joke. We all know this is not going to happen anytime soon