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Fannie and Freddie: a problem, not the problem

The FT reports today that two Republicans in the House, Darrell Issa and Jim Jordan, have called for an investigation into the use of US government funds to bail out Fannie Mae and Freddie Mac, the two mortgage companies that were taken into government “conservatorship” in September 2008. The congressmen’s ...

What a way to end the Olympics

Thumbnail : What a way to end the Olympics

Yesterday’s USA-Canada gold medal hockey game was one of the most exciting games I’ve ever watched.

After the USA incredibly scored with 24 seconds remaining to send the game into overtime, I thought the USA had destiny on its side, but no. Canada, from coast to coast, went wild after winning, and deservedly ...

A deserter in the battle of ideas

Thumbnail : A deserter in the battle of ideas

In his new book, heavyweight economist Joseph Stiglitz imagines he is making a profound contribution to the debate about the recession. In truth he offers only shallow and rehashed arguments.

Read my review of Freefall by ...

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