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January 9, 2009
Blog: The Balance Sheet
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Did Companies Go on a Debt Binge?
- In yet another dispatch from the “everything is worse than you think” quarter, Floyd Norris, of the New York Times, writes today that the reason dividend payments from U.S. companies were so healthy in the...
January 09, 2009
AUDIO
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The Transition Podcast: January 9, 2009
- Dorothy Wickenden talks to Hendrik Hertzberg, Ryan Lizza, Jane Mayer, and John Cassidy about Obama’s economic plan and his strategy to counter domestic terrorism.
January 8, 2009
Blog: The Balance Sheet
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Why Don’t Newspapers Do a Better Job of Advertising?
- Continuing yesterday’s discussion of the future of the newspaper business generally, and of the New York Times specifically, a friend of mine remarked recently on the fact that newspapers have never taken advertising seriously. Of...
January 7, 2009
Blog: The Balance Sheet
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Will the Times Live?
- Felix Salmon has a smart riposte to Michael Hirschorn’s new piece in The Atlantic, in which Hirschorn provocatively suggests that the Times, at least in its print incarnation, could be out of business by May....
January 7, 2009
Blog: The Balance Sheet
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Maybe We Had Too Little Speculation
- The bloggers at Free Exchange (until today, I wasn’t sure there was more than one, but the references to “my colleague” cleared things up for me) have a couple of nice posts in defense of...
January 7, 2009
Blog: The Balance Sheet
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Plus Ça Change
- This seems like a good description of the absurd run-up in property prices between 2003 and 2007: The vacant lands in and about our cities and villages have risen, in many instances, several hundred per...
January 7, 2009
Blog: The Balance Sheet
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A (Mildly) Optimistic Take From an Unexpected Source
- My friend and colleague John Cassidy has been one of the more bearish commentators on the U.S. economy for the past decade, which also means he’s been right more often than he’s been wrong in...
January 6, 2009
Blog: The Balance Sheet
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Who Saw the Danger Coming?
- When it comes to understanding how the current financial crisis erupted, one of the important questions is, To what extent did the people who worked for financial institutions persist in reckless behavior because that’s what...
January 6, 2009
Blog: The Balance Sheet
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CBS’ Monopoly on The Top Ten
- I realize this is about as Old Media as you get, but it’s remarkable how little attention CBS is receiving for its almost complete domination of primetime viewing. Last week it had nine of the...
January 6, 2009
Blog: The Balance Sheet
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Libertarians Against the Market
- Tyler Cowen, in his ongoing effort to ensure that the government spends as little as possible in its attempt to stimulate the economy, cites approvingly a post by Arnold Kling arguing against a big fiscal-stimulus...