Nov 17 Economics is Missing A Funny Bone | An Interview With 'Merle Hazard' By Elizabeth Shell The [Fed's announcement](http://www.pbs.org/newshour/rundown/2010/11/fed-slow-growth-disappointing-will-engage-in-second-round-of-quantitiative-easing.html) of another round of so-called "quantitative easing" (QE2) is much in the news. Basically, it's an announced commitment to create $600 billion dollars or more of new "Federal reserves" - i.e., U.S. dollars - and [pump them… Continue reading
Nov 17 EU in Talks Over Ireland's Finances; Germany Warns of Possible Terrorist Attack; House to Select Leadership (Photo by Aidan Crawley/Bloomberg via Getty Images) European leaders continued talks on how to tackle Ireland's troubled finances, paving the way for a possible bailout that could be worth as much as €100 billion. The crisis in Ireland's… Continue reading
Nov 16 Was Ireland's Financial Crisis Predictable? He told you so. Ken Rogoff is one of this page's favorite economists. Long known for being ahead of the curve, Rogoff was a National Master of chess at age 14 and dropped out of high school… Continue reading
Nov 16 Watch News Wrap: Markets on Edge Over Ireland's Growing Debt Crisis In other news Tuesday, European Union finance ministers met to discuss a possible bailout for Ireland, whose banks have more than $60 billion in real estate debt. In Haiti, the death toll from cholera passed 1,000 as two died in… Continue watching
Nov 16 Watch Banks, Congress Grapple Over Scope of Foreclosure Problem Judy Woodruff gets the latest on the nationwide probe into flawed mortgage documents that could lead to billions of dollars in bank losses and further cripple the housing market. Continue watching
Nov 16 Was Ireland's Financial Crisis Predictable? By News Desk He told you so. Ken Rogoff is one of this page's favorite economists. Long known for being ahead of the curve, Rogoff was a National Master of chess at age 14 and dropped out of high school to… Continue reading
Nov 16 EU Faces Ongoing Currency Worries; Obama to Present Medal of Honor Following Ireland's refusal of a bailout from the European Central Bank, European Union president Herman Van Rompuy warned of impending crisis if the eurozone nations did not act quickly. Ireland and Portugal have both faced pressure from other nations… Continue reading
Nov 15 Watch News Wrap: Irish Officials Confirm Debt Talks, Say Bailout Not Needed In other news, Ireland's debt soared after it rescued five banks from huge real estate losses, but officials there insist the country doesn't need a bailout. Meanwhile, European Union officials reported the Greek government has much more debt than first… Continue watching
Nov 15 How Would YOU Balance the U.S. Budget? By Paul Solman The Sunday Times recently featured an exercise that it might make sense for all Americans to try, and certainly members of Congress pressing to balance the budget- Budget Puzzle: You Fix the Budget. And, if you prefer to get… Continue reading
Nov 15 How Would YOU Balance the U.S. Budget? By Elizabeth Shell The Sunday Times featured an exercise that it might make sense for all Americans to try, and certainly members of Congress pressing to balance the budget- Budget Puzzle: You Fix the Budget. And if you prefer to get out… Continue reading