Mase: Economics and Finance

“How the Crisis Catapulted Us Into the Future,” is the title of Martin Wolf’s opinion piece in the Financial Times this morning. Wolf, in t...

I guess I should say something about the new Basel III regulations. I will present three “facts” that, I believe, says it all. These three f...

When I was studying economics, the idea that an economy might face a “liquidity trap” seemed absurd. Basically, the concept of the liquidit...

Former Fed Chairman, Paul Volcker spoke yesterday at the Peterson Institute for International Economics. All week I had been hearing commen...

Credit market debt increased by only 3% from the end of the second quarter of 2008 to the end of the quarter of 2009, a total of roughly $1....

It is so easy to blame the private sector. And, the government can hide behind “good intentions” and “the public interest.” For a different ...

The Obama administration is going to have to make a decision soon…is it going to try and commit to a program that will actually do something...

Going forward…the primary issue the world is going to have to face is debt…lots and lots of debt. Debt is clogging the blood vessels of the...

As the Obama Stimulus Plan becomes more and more of a reality, many different people are asking many different questions about it. To me, t...

Bob Shiller, the Yale economist, has gotten a lot of press in recent days supporting the use of derivatives and arguing against the use of t...

Banking is a commodity business. Banking deals with information…I am holding $100.00of yours in something called a transaction account…I am...

Carl Sagan only talked about “Billions and Billions” of heavenly bodies out there in the universe. Barack Obama, President-elect, talks abou...

The decline in the value of the dollar has gotten increasing headlines since the Federal Reserve Board of Governors released its new monetar...

Currently, there is a rush to jump on the bandwagon to damn the concept of free markets…or, at least “freer” markets. I say “freer” markets ...

Once again, Tom Friedman of the New York Times has some very worthwhile things to say. Whereas one may not totally agree with all of his ar...

Reading the Wall Street Journal Saturday morning, I saw the headlines, “Bush Administration Rushes Regulatory Changes Before Time Is Up.” Se...