In 2005, he said the housing boom would cause a recession, and mortgage lenders laughed, calling him "Mr. Bubble"; wouldn't you like to know what Robert Shiller has to say today? Questioning a chastened priesthood: Jeremy Clift profiles psychologist Daniel Kahneman on the economic crisis. From Critical Review, Jeffrey Friedman on a crisis of politics, not economics: Complexity, ignorance, and policy failure. From National Affairs, Luigi Zingales on capitalism after the crisis. A year after the crash, a few financial giants are back to making millions, while average Americans face foreclosure and unemployment — what's wrong with this picture? The Deal of the Century: As our financial system entered free fall last September, an epic battle for power and, above all, cash was being waged between Barclays and JPMorgan Chase. Laurence Grafstein on the real banker boondoggle: What the finance industry owes us. From The Huffington Post, a look at how the Federal Reserve bought the economics profession. Eliot Spitzer on the nine questions Ben Bernanke needs to answer before the Senate confirms him to another Fed term. Is Bernanke a follower of John Maynard Keynes or Milton Friedman? (and more and more and more on In Fed We Trust: Ben Bernanke's War on the Great Panic by David Wessel). A review of books on Keynes (and more and more and more). Richard Posner on how he became a Keynesian: Second thoughts in the middle of a crisis. David Gordon reviews Posner's A Failure of Capitalism: The Crisis of ‘08 and the Descent into Depression (and more).
