The Grumpy Economist

Simon Johnson has a good blog post on the end of the euro . Digging in, the run is on, the end is near, and the chaos will be worse than yo...

My first reaction to the JP Morgan loss was, if their "hedge operation" had become a "profit center" as reported, we kno...

 The price of oil. (Sent by a friend whose reputation I won't besmirch by name, but thanks.) Remember how the oil price rise was the...

Reading through some of last weekend's commentary  got me thinking about what I look for most -- and try to emulate -- in good economic ...

A nice short video describing some of the trials and tribulations of an excellent Hyde Park cafe trying to navigate our city's over-regu...

You know the drill. They try to board us by groups, but people are smashing on the plane like it's the New Delhi train station. When the...

Yesterday's coverage of the latest European summit seems designed to reinforce my view of basic confusion expressed yesterday pretty cl...

I find all the reporting of the Greek (and following Spanish, Italian, etc.) debt crisis unbelievably frustrating. Why does everyone equat...

My colleague Raghu Rajan wrote a very thoughtful essay in Foreign Affairs . Though titled "The True Lessons of the Recession" it...

Eric Posner and Glen Weyl are making a big splash with their proposal for An FDA for Financial Innovation .  As you might guess, I think ...

Are recoveries always slower for recessions that follow financial crises? This factoid has become sort of a mantra, or excuse, depending how...

As reported in the WSJ , the Treasury delayed it's decision on floating rate notes. I was interested to note in the article that the T...

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...