Six Rules for Dining Out
How a frugal economist finds the perfect lunch… More »
Economics professor at George Mason University and author of The Great Stagnation. More
There may be ways to help the middle class without huge economic changes… More »
If the middle class is falling apart and getting poorer, why hasn't society become more lawless?… More »
A bad economy doesn't ruin all of a person's life… More »
Matt Yglesias puts forward some of the current arguments for nationalizing insolvent banks; Paul Krugman and Felix Salmon are pushing a similar approach. Maybe, but I'm not yet convinced.It's easy enough to argue that any single bank yields a superior result when that bank is nationalized rather than bailed out, for reasons ably discussed for Matt. The problem comes with the banks that sit on the margin, namely the banks that do not yet need either…… More »
