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Bail-outs will always be needed to fix capitalism’s flaws

Financial Times

Lest we needed another reminder, Thursday’s announcement that the Italian automaker Fiat had achieved the final performance target in its alliance with Chrysler underscored once more the remarkable success of the rescue of the American automobile industry.

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Christmas wish list for our hapless US leaders

Financial Times

Here is what I want Santa to bring me: straight talk from political leaders about the true nature of America’s economic problems, and some solutions for dealing with them. So far, my Christmas stocking is empty.

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Will China Stumble? Don’t Bet on It

New York Times

HARDLY a day goes by without news of yet another economic problem facing China. A frothy real estate market. Quickly rising wages. A weakening manufacturing sector. Tightening lending standards. The list can seem endless and frightening.
But after a recent visit to China, I remain staunchly optimistic that it will continue to be the world’s greatest machine for economic expansion.

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The New York Times: Biden’s Get-Tough-on-China Tariffs May Backfire

The tide of globalization is receding, at least from American shores. Two successive presidents have...

The New York Times: What Trump Would Do To Our Economy

Originally published in The New York Times. Much to fear about another Donald Trump presidency: ...

The New York Times: America’s Broken Immigration System, In One Chart

The immigration problem Congress faces is large and complex. Let’s break it down. Between Octob...

More than Words: 10 Charts That Defined 2023

Some years are defined by a single event or person — a pandemic, a recession, an insurrection — ...

Book

“[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

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