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Thursday, September 18, 2008

About Economics: Weekly Update (Vol. 6, No. 38)

About.com    Economics
In the Spotlight | More Topics |
  from Mike Moffatt
AIG. Lehman Bros. Merrill Lynch. Oil prices plummeting on Monday and Tuesday, just to bounce back on Wednesday. An important Fed rate annoucement. It feels like we've had a year's worth of events in a week!
 
In the Spotlight
When Should the Government Bail Out Private Companies?
In the wake of the AIG mess Steve Maich asks: Under what conditions would multi-billion-dollar bailouts of private businesses be acceptable? What are the criteria you'd use, if you were Paulson for deciding when it is prudent to use public money to save private business...

 
           More Topics
Fed Keeps Rates Unchanged. I Did Not See This Coming
I was debating with a colleague today whether or not the Fed would cut rates by 25 points or 50 points. My guess was 50. Instead there was no move at all...

 
The Week Oil Went Under $100
I feel like I have been vindicated by this, even though I never actually predicted that it would happen - though on April 22nd I suggested that historical trends suggest there was about a 1 in 4 chance it would happen...

 
 
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