The Grumpy Economist

Bloomberg has an intriguing April 29 article on Treasury Floaters According to Bloomberg, the Treasury may announce on May 2 that it will i...

I was getting myself frothed up about the recent idea that  "speculators" are behind the recent gas price increase.  Have we learn...

Along with David Leonhardt's interesting article " Taxmageddon ," last weekend's  New York Times Sunday Review included th...

A good oped in Bloomberg's "Business Class" series tackles money market funds. (I signed it along with the rest of the Squam L...

I made the following cool graph last week. (Well, I think it's cool):

Yesterday's post morphed into a Wall Street Journal Op-Ed , reprinted below. Why am I going on? I think too many people don't und...

It was interesting watching and reading about the Supreme Court arguments on the constitutionality of the health-care law. This is an inte...

I'm in Japan, one great data point on the ineffectiveness of fiscal stimulus, and the reason for blog silence for the last week or so. I...

(This is also a Bloomberg "Business class" column, with minor improvements.) Austerity isn't working in Europe. Greece is ...

I'll be at the Booth campus in London next Monday March 12 as part of a panel discussion with Francesco Garzzarelli and Charles Goodhart...

The Economist has a great article, " Too big not to fail " about the Dodd-Frank regulation. Readers of this blog will know I'm...

Last week there was a fiscal stimulus debate between titans John Taylor and Larry Summers, at Harvard. Taylor wrote his opening remarks on h...

I was reading Nick Paumgarten's New Yorker article about Davos in the bathtub this morning, and ran into this gem: The Belvedere [hot...

Last week Benn Steil wrote a very interesting oped on housing . (Originally at Financial News ) He unearthed the amazingly large number of y...

On the left is a graph from a really neat paper, " Low-Latency Trading " by Joel Hasbrouck and Gideon Saar (2011). You're lo...

A provocative Wall Street Journal OpEd by Donald Luskin and Lorcan Kelly gives me hope for Europe. No, I'm not talking about Greece, ...

John Taylor took the trouble to respond to Paul Krugman's latest outrage on the sources of the financial crisis.  Taylor's post --...

Headline: The Fed just  forced mortgage servicers  that got caught submitting "documents that were not properly notarized," among ...

Two nice graphs from the New York Times   Comment: Now, could we please stop talking about how we need more taxes to pay for roads and b...

Peter Wallison has an important Op-Ed in the Wall Street Journal  last week ( AEI link ) titled "Dodd-Frank and the Myth of Interconne...