Lynne Kiesling Fast recapitalization, removing the signaling penalty by having the government require banks to stop giving dividends in the short run … those are the kind of policies that economists have been discussing, fleshing out, and encouraging over the past two weeks. Of course, the challenge to those proposals is that the parties who …
An Alternative Approach to the Bailout: Enable Fast Recapitalization Read More »
Lynne Kiesling Before I read the Senate version of the revised bailout plan, I generally agreed with Tyler Cowen: “The modified Paulson plan was better than nothing — especially after the market had been scared — but far from my first choice.” I also generally agree with his conclusions (1) on the importance of transparency …
Revised Bailout Plan: Ok, Now I’m Not Just Skeptical, I’m Angry and Disgusted Read More »
Michael Giberson Writing with a calmness and patience not typically seen when economists write about price gouging, here is Geoff Styles, at Energy Outlook, Gas Lines and Bank Runs: …[W]ith a significant shortfall in deliveries along these pipelines, and US gasoline inventories that were already extremely low going into the storms, local prices should have …
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