The European financial crisis may have disappeared from the front pages of American newspapers, but the Continent’s economic challenges remain worrisome. Most fundamentally, Europe is mired in a slow-growth rut with little sign of either sensible policy initiatives or the energy to implement them. Ironically, countries like Spain and Ireland that precipitated the crisis have […]
Originally appeared in The New York Times. Ben S. Bernanke ascended to the chairmanship of the Federal Reserve eight years ago as a little-known — albeit distinguished — Princeton economics professor who had notched just three years of federal public service. When he takes his leave this week, having presided over his final meeting of […]
WITH metronomic regularity, gauzy accounts extol the return of manufacturing jobs to the United States. One day, it’s Master Lock bringing combination lock fabrication back to Milwaukee from China. Another, it’s Element Electronics commencing assembly of television sets — a function long gone from the United States — in a factory near Detroit. Breathless headlines […]
“[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
