James Kwak
James Kwak's Latest Articles | 133
The Second Clinton?
On the one hand, last week’s Volcker-fest signaled that the Obama administration wants to get tough on Wall Street. Given that they almost certainly don’t have... Read »
Krugman for Fed Chair: “Crazy”
Paul Krugman says that Simon’s idea that he should be chair of the Fed is “crazy.” Krugman’s point is either that he wouldn’t be confirmed or that he wouldn’t... Read »
Obama’s First Year
It’s late January and Scott Brown will be the next senator from Massachusetts, which means it’s time for critical retrospectives on Obama’s first year in office.... Read »
Welcome, Barack
So Barack Obama has come around to the idea that big banks need to be made smaller and that smarter regulation (contingent capital, enhanced capital requirements... Read »
Commission to the Rescue!
It looks like President Obama is going to create the bipartisan commission to cut the deficit that Kent Conrad and Judd Gregg have been pitching–except that now... Read »
The Unproven Tradeoff of Growth and Inequality
“How do you feel about paying such high taxes?” “I think it is terrific. . . . I get a little bit angry because constantly in Denmark there’s this talk that... Read »
Design or Incompetence (II)
Last week I wrote a post about how banks entice customers with promotions and then fail to keep up their end of the bargain, forcing customers to waste their time... Read »
Wall Street Suing over Bank Tax?
Let’s hope this gets laughed out of consideration. According to the New York Times, the Securities Industry and Financial Markets Association is considering a... Read »
Design or Incompetence?
Or both? In late summer or early fall, Citibank was running a promotion: if you opened a new account or moved a certain amount of money to your bank account, you... Read »
TARP Tax Is By No Means Big Enough
I’m in favor of the bank tax; what’s not to like about extracting $117 billion from large banks to pay for the net costs of TARP? But it’s by no means enough. Simon... Read »
Advertisement
- CrisisMaven .. This “fear of deflation” is largely nonsensical. Deflation does not...
- TaosJohn .. Interesting. Yet today when it seems likely that this stinking bill will pass,...
- Chris Lane .. “Arctic sea-ice loss is accelerating beyond the worst case scenarios of model...
- Gary .. That’s a very thoughtful response so let try to be the same as devil’s...
- pgb .. Enough with Madoff already. I saw there’s now a Madoff coloring book on Amazon.
- RW .. I’m pretty sure Lawmakers knew China has been manipulating currency for a while. Just...
- jj .. Before the Great Depression foreign trade was 6 percent of GDP. It fell to 2 percent of...
- editor .. I couldn’t agree more with that characterization.
