Originally published in the New York Times IF you’ve been wondering whether it’s possible to regularly beat the stock market averages — a natural question with the market at an all-time high — you didn’t get any guidance from the … Continue reading →
Originally published in the New York Times The government shutdown and debt ceiling crisis inflicted a toll on the American economy, but that cost is only a fraction of the total damage that the federal government has been causing to … Continue reading →
New York Times
Let me start by getting the disclosure stuff out of the way. I’ve known Larry Summers for 20 years and have watched with particular interest as his multifaceted career has unfolded. More recently, I worked for him in the Obama administration, when he was director of the National Economic Council and I was the lead adviser on the auto bailout. Continue reading →
New York Times
For months, the question in many minds has been not whether Detroit would file for bankruptcy, but when. Continue reading →
New York Times
ONE sure sign that federal regulations and policies are out of whack is when companies start making a business model out of gaming them. That’s particularly true in two areas of government rule making — drug regulation and corporate taxes. Continue reading →
New York Times
With each month of steady employment growth — in May, 175,000 jobs were created — the feeling of lassitude around the issues facing the American economy takes hold a little bit more. Continue reading →
New York Times
WHILE a Senate report detailing Apple’s aggressive tax sheltering of billions of dollars of overseas income grabbed headlines this week, little notice was paid to a surreptitious thrust at tax minimization that was announced at nearly the same moment. Continue reading →
Originally published in the New York Times Let’s stipulate that the scandal involving the Internal Revenue Service’s targeting of conservative nonprofit groups portrays government as if drawn in caricature — an almost Keystone Kops-style comedy of errors on the part … Continue reading →
Originally published in the New York Times EUROPE’S economic problems are growing steadily worse, with unemployment in parts of the Continent now above the level reached in the United States during the Great Depression. Meanwhile, policy makers dither over solutions. … Continue reading →
Originally published in the New York Times On its face, Friday’s announcement that the nation’s gross domestic product expanded at a 2.5 percent annual rate in the first quarter was good news, following as it did an only marginally positive … Continue reading →
