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The Business Desk with Paul Solman
Not a blog but a "q-and-a" (pronounced "quanda"), this page is about the basics of economics. Its premise: there are no stupid q's. And if some a's seem dim, take heart: I can brighten them up in response to objections, corrections, refinements. Comments on posts feature yours, and my responses. Enough of you now frequent and query the quanda that I post most every day. Haven't seen your q yet? Send it again. All a's should be taken with a shaker of sodium chloride, if not a Lot's-wife's-worth. And speaking of salt, the mustache and "hair" in the photo has a lot less of that condiment, and rather more pepper, than can be seen on TV. Think of it as time travel.

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Tales From the Fed: Blinder on the Fallout from Lehman's Failure

Paul Solman: All this week, we're posting excerpts of interviews we did with former Fed officials on the economic crisis and the Fed's evolving role in the economy. The series is in conjunction with the NewsHour's hour-long public forum with Ben Bernanke, which Jim Lehrer hosted in Kansas City this past Sunday. You can watch the forum here; parts II and III are being aired on the NewsHour tonight and tomorrow.

The second in our series of one-a-day Fed vitamins for the Business Desk, if you will, is with former Fed vice chair Alan Blinder, who weighs in on what he would have done if faced with the imminent collapse of Lehman Brothers.

-- Posted July 28, 2009 | Comments ( ) | Permalink

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