Posts filed under “Video”
Amity Shlaes “Rewrite history tour” continues apace. Recall that a few short months ago, Ms. Shlaes was insisting that we were not in a recession.
What is her solution to the current situation? Tax cuts.
Why a Modern-Day New Deal Won’t Work 12/1/2008
Amity Shlaes, senior fellow at the Council on Foreign Relations, explains to Dow Jones Newswires’ Simon Constable why the New Deal didn’t work in the 1930s and why Nobel laureate Paul Krugman is wrong to think a similar stimulus will work this time.
Paul Krugman, New York Times columnist and winner of the 2008 Nobel Prize for Economics, explains why the crisis is worse than Japan’s lost decade, saying the economy is in a free-fall and that unemployment will hit 10%.
Original air date, December 1, 2008.
Analysis and Discussion with Tom Libby of J.D. Power & Associates
Testimony Preview: (December 01, 2008):
Barclays Capital and Deutsche Bank Slash GM Target Prices to $1/share and $0/share Respectively; A GM Rescue Would Cost More Than Chrysler’ in 1980; Deutsche Says GM Bailout Coulg Require $10 Billion in Loans; GM Bailout Could Require $25 Billion for Rest
A GM Bailout: How It Might Work (November 10, 2008)
This may be the winter of Paul Krugman’s content. President Bush, whose economic policies Krugman has derided from the beginning, is leaving office. Krugman has been awarded the Nobel Prize in Economics. And Norton has just published The Return of Depression Economics and the Crisis of 2008, a substantial revision of the book he originally published in 1999. Listen to an exclusive interview with Krugman by Newsweek senior editor and Moneybox columnist Daniel Gross.
via Big Money