T.Žuko blogas

An hour with Timothy Geithner, U.S. Treasury Secretary / Charlie Rose / in Current Affairs / on Wednesday, May 6, 2009

A conversation with Robert Zoellick, President of the World Bank

Charlie Rose / in Current Affairs, Business / on Friday, May 1, 2009

A Failure of Capitalism: The Crisis of ‘08 and the Descent into Depression / by Richard A. Posner

Harvard edition World 368 pages
Trade May 2009 $23.95 £17.95 E21.60 ISBN 13: 978-0-674-03514-0 ISBN 10: 0-674-03514-3

Joseph E. Stiglitz: Developing Countries and the Global Crisis / April 2009, project-syndicate.org

Surveying the economic horizon: A conversation with Robert Shiller
The noted economist explains and explores the downturn’s root causes—and possible ways forward.

APRIL 2009, mckinseyquarterly.com
Source: Strategy Practice

In this video interactive, economist Robert Shiller discusses four aspects of the current crisis: regulating for financial innovation, reducing trust in models, redesigning institutions, and the time line for turnaround. His perspectives are informed in part through his research that psychology—particularly an understanding of human irrationality—can play a key role in explaining economic breakdowns and exploring effective solutions.

Robert Shiller is a professor of economics at Yale University and cocreator of the Case–Shiller House Price Index, which is now one of the most widely used methods of measuring performance in that industry. He also introduced into intellectual circulation the phrase “irrational exuberance,” which was picked up famously by Alan Greenspan in 1996. …>>

SF 10vor10, swissinfo.org

Short-time work
How the economic crisis affects a young father’s life.

More than 25,000 people in Switzerland are currently working short-time. One of them is young father Rolf Güntensperger. He showed Swiss television what effect the economic crisis is having on his life. (SF/swissinfo) …>> (video)

An update on the economy with Joe Nocera, Andrew Ross Sorkin and Paul Krugman
in Business
on Monday, March 23, 2009

The economy continued with Daniel Alpert is a managing director of Westwood Captial and Thomas F Steyer is Co-Managing Partner of Farallon Capital Management

in Current Affairs
on Monday, March 23, 2009

Nobel Prize Winners Clash on Geithner Plan Prospects
By Scott Lanman and Vivien Lou Chen

March 24 (Bloomberg) — Treasury Secretary Timothy Geithner has a good chance of succeeding with his plan to cleanse banks of toxic assets, says A. Michael Spence, co-winner of the 2001 Nobel Prize in economics. Paul Krugman, the newest laureate, is so sure Geithner will fail that he’s full of “despair.”

Even winners of the highest awards in economics can’t always be right. …>>

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Reuters

Geithner plan will rob American taxpayers: Stiglitz
Tue Mar 24, 2009 8:26am EDT

By Susan Fenton and Deborah Kan

HONG KONG (Reuters) – The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.

“The Geithner plan is very badly flawed,” Stiglitz told Reuters in an interview during a Credit Suisse Asian Investment Conference in Hong Kong. …>>

swissinfo March 23, 2009 – 2:10 PM    Small companies receive financial boost

Small- and medium-sized enterprises (SMEs) are to be given more federal funding to invest in innovation, and ideally, create jobs. The economics ministry announced on Monday that SFr21.5 million ($19 million) from a government stimulus package would be set aside for SMEs from April 1. …>>

WSJ / OPINION EUROPE / FEBRUARY 25, 2009

German Policy Lessons

Ordnungspolitik, developed in the wake of the world economic crisis in
1929, can show the way out of this crisis.

By MICHAEL HüTHER | From today’s Wall Street Journal Europe.