economists | Observer

By Foster Kamer 8/29/11 3:57pm

Who is Alan Krueger, Obama’s Newest Economic Advisor Pick?

New hires involving mere mortals handling the nation’s money problems emerged today; the one you didn’t hear of was Kathleen Weiss Hanley, who was named to the deputy post over at the SEC’s moderately shiny RiskFin division. It is both less important and shiny than that other announcement, wherein President Obama named Alan Krueger as his pick to chair the White House Council of Economic Advisors. Who is he, and what will he do? Read More

By Mike Taylor 12:11pm

Politicians

Morning Roundup: Americans Are Buying Cereal, Not Houses

Politicians on the campaign trail can actually feel voters’ economic pain, because several of them are fighting foreclosures, trying to pay off loads of debt and busted investments. Plus, if you think about it, anyone who’s challenging an incumbent is technically unemployed. [WSJ]
After Ben Bernanke promised yesterday to shower the U.S. economy Read More

By Mike Taylor 9/21/10 9:30pm

Update: Larry Summers to Leave White House

Update: The White House has now officially announced that Larry Summers is leaving his position as Director of the National Economic Council and will be returning to Harvard at the end of the year. Here’s a part of President Obama’s statement:

I will always be grateful that at a time of great peril for Read More

By Mike Taylor 9/14/10 11:51am

economist fight

China Economist to U.S.: You Don’t Want a Trade War

A trade war with China would end badly for the U.S., said China-employed economist Ding Yifan today at a seminar on trade between China and America. It would not be a good idea on the U.S.’s part to outright accuse China of manipulating its currency, or to import duties on Chinese goods, Ding said. Read More

By Mike Taylor 9/08/10 7:46pm

Fed: Economy Slowed This Summer

The Federal Reserve today said that the U.S. economy continued to grow from mid-July to August, but that it had also shown “a widespread signs of a deceleration compared with preceding periods.” That’s hardly a sign that we’re out of the woods. No wonder economists are tempering their optimism.

The Fed’s Beige Book Read More

By Mike Taylor 9/02/10 4:11pm

Beards Bernanke Panke

Bernanke: 'Too Big To Fail' Too Important to Ignore

In prepared remarks delivered to the Financial Crisis Inquiry Commission today, Federal Reserve chairman Ben Bernanke said it’s super important that the government establish a way to wind down behemoth financial institutions, and that elimination of the “too-big-to-fail” phenomenon is key to averting any future crisis.

“The creation of a resolution regime for systemically critical Read More

By William Alden 8/05/10 9:19pm

duels

Wonk vs. Wonk: Goldman and Morgan Stanley’s Ultimate Economic Face-Off

When July’s unemployment rate is announced tomorrow morning at 1:45 a.m., one economist will win, and one economist will lose.

Goldman Sachs’ Jan Hatzius is pessimistically betting unemployment has gone up, and Morgan Stanley’s Richard Berner thinks it’s gone down. The Times has a breakdown of the two economists’ contradictory positions, and they’re Read More

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Who is Alan Krueger, Obama’s Newest Economic Advisor Pick?

Morning Roundup: Americans Are Buying Cereal, Not Houses

Update: Larry Summers to Leave White House

China Economist to U.S.: You Don’t Want a Trade War

Fed: Economy Slowed This Summer

Bernanke: 'Too Big To Fail' Too Important to Ignore

Wonk vs. Wonk: Goldman and Morgan Stanley’s Ultimate Economic Face-Off

Across the Wire

The CLIO Awards: What's The Big Idea?

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Not So Lonely at the Top: John Turturro Scales Great Heights in the Service of Ibsen

Andrew Cuomo Shares Fred Dicker’s Private Email With All His Competitors