|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||445|
|Posts / Week:||3|
|Archived Since:||February 8, 2011|
By James Kwak Yesterday the Obama administration announced that healthcare.gov “will work smoothly for the vast majority of users.” Presumably they intended this as some sort of victory announcement after their self-imposed deadline of December 1 to fix the many … Continue reading ?
By James Kwak Which is to say, a basket case. Along with Citigroup, and Bank of America. We all know that JPMorgan Chase is too big to fail. We all know that this means that it enjoys the benefit of … Continue reading ?
By James Kwak My seven-year-old daughter’s new favorite song is, no joke, “Banks of Marble,” sung by Pete Seeger. I swear I had nothing to do with it. She found a Pete Seeger CD one day, which I didn’t even … Continue reading ?
By James Kwak Ezra Klein, one of the biggest supporters of Obamacare the statute, has already called the launch of Obamacare a “disaster,” and it looks like things are now getting worse: as people are actually able to buy insurance, … Continue reading ?
By James Kwak It pains me to see so much blogging fodder passing before my eyes and not have any time to do it justice. But here are a few thoughts: Why does anyone think that anyone cares about what … Continue reading ?
By Simon Johnson. This post draws on issues discussed in class #6 of Entrepreneurship without Borders, a course at MIT Sloan. The syllabus and other materials are available here. The US has a long and generally successful track record of … Continue reading ?
By Simon Johnson. This post draws on points discussed in class #7 of Entrepreneurship without Borders, a course at MIT Sloan. More details on the course are here. With the US government in partial shutdown (including suspending a significant amount … Continue reading ?
By James Kwak Five years later, and things seem marginally better in some areas (the CFPB exists), significantly worse in others (LIBOR, money laundering, London Whale, etc.). There has been some debate recently about whether we have a safer financial … Continue reading ?
By Simon Johnson This is a summary of class #5 in Entrepreneurship without Borders, a course at MIT Sloan. For links to the course syllabus and summaries of earlier sessions, see this post. Chile has experienced strong and relatively sustained … Continue reading ?
By James Kwak Five years ago, Lehman brothers went bankrupt, AIG was nationalized, Ben Bernanke stared into an abyss, and Mohamed El-Erian asked his wife to take out as much cash from the ATM as she could. And Simon and … Continue reading ?
By Simon Johnson Below is a summary of points from Class #4 of Entrepreneurship without Borders, a course at MIT Sloan. Use this link to look at earlier sessions. The conventional view about entrepreneurship in emerging markets is that it is difficult … Continue reading ?
By Simon Johnson In class #1 of Entrepreneurship without Borders (at MIT Sloan) we discussed attitudes towards starting a new business. In many countries, people want to become entrepreneurs, but they can access only limited types of opportunities. Relatively small … Continue reading ?
By Simon Johnson This post is based on class #2 in my MIT Sloan course, Entrepreneurship Without Borders. An edited version appeared this morning on the NYT.com’s Economix blog. Europe today is relatively rich on average, and there is undeniable … Continue reading ?
By James Kwak The Economic Policy Institute put out a series of charts detailing inequality in retirement savings across several different demographic characteristics. The most obvious picture is that the shift to 401(k) plans has produced vast increases in retirement … Continue reading ?
By James Kwak College application essays? They’re all the same. That’s according to Rick Clark, the head of admissions at Georgia Tech, who kicks off this past weekend’s episode of This American Life by, in part, mocking the tired trope of … Continue reading ?
By James Kwak As the fifth anniversary of the Lehman bankruptcy approaches, the Internet is filling up with reflections on the financial crisis and the ensuing years. My main feeling, as expressed in my latest Atlantic column, is amazement at how little … Continue reading ?
By Simon Johnson “Entrepreneurship Without Borders” is an MIT Sloan class, primarily designed for MBA students. The course looks at economic growth, financial crises, and the distribution of income through the details of entrepreneurship in various parts of the global … Continue reading ?
By James Kwak Not Greg Mankiw. Or, to be precise, not “Republicans.” This past weekend Mankiw wrote a column for the Times laying out the arguments for a carbon tax. They are so well known and so obviously correct that I won’t … Continue reading ?
By James Kwak People occasionally ask me what it takes to succeed in the business world (since they assume at least that I know some successful people). Luck probably belongs at the top of that list. But I have a … Continue reading ...
By James Kwak The Dodd-Frank Act was supposed to require securitizers to retain 5 percent of the credit risk of the mortgage-backed securities that they issued, in order to reduce the risk of a repeat of the last housing bubble. … Continue reading ?