The Great Debate

First 100 Days: Fix the banks

January 23, 2009

morici— Peter Morici is a professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission. The views expressed are his own. —

Light at the end of the tunnel

November 28, 2008

John Kemp Great Debate— John Kemp is a Reuters columnist.  The opinions expressed are his own —

After more than a year of denial, misdirected policies and a steadily worsening outlook, the past fortnight has witnessed a marked improvement. For the first time, there are reasons to be cautiously optimistic that the economy faces a recession rather than a prolonged slump, and recovery could get underway in H2 2009.

TARP and Fed facilities unravel

November 13, 2008

johnkemp3–John Kemp is a Reuters columnist.  The opinions expressed are his own–

LONDON (Reuters) – Experience shows financial crises escalate very rapidly, and need a swift and decisive response from policymakers to break the cycle of panic. Time to reflect, craft thoughtful policies and consider long-term consequences is a luxury policymakers generally don’t have.

TARP, bonuses, dividends and Waxman’s letter

October 30, 2008

John Kemp –John Kemp is a Reuters columnist. The views expressed are his own–

By John Kemp

LONDON (Reuters) – The bitter political divisions between middle America and Wall Street on display when the House of Representatives first rejected the Emergency Economic Stabilization Act last month look set to be re-opened in even more dramatic form in the remaining months of the year.