It’s not time yet to be raising interest rates. But let’s at least stop pouring $120 billion a month into the financial markets. Originally published in the New York Times. On Wednesday the Federal Reserve tiptoed ever so slightly toward reducing its efforts to pump liquidity into the financial system. It did so through brief references that […]
The president wants to pour billions more into a service that only makes sense in a few areas. Originally published in the New York Times. Ah, the romantic suspense of train travel: Cary Grant and Eva Marie Saint canoodling in “North by Northwest.” Farley Granger and Robert Walker conspiring in “Strangers on a Train.” While […]
The president should lean more heavily on the private sector to boost his infrastructure plan’s odds of success. Originally published in the New York Times. The Biden administration has put forward the biggest, boldest, most expensive expansion of government in at least a half-century. The goals listed are on target and its sweeping ambition is welcome, […]
“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine
