Why Oh Why Can't We Have a Better Press Corps? (David Brooks Jumps Five Sharks, Eight Orcas, and a Blue Whale Department)
John Kenneth Galbraith's Legacy--and Lessons for Today

David Altig on "Hard Landings"

From his lair in the Cleveland Fed, David Altig moves the ball forward on the question of how should the Fed watch out for and avoid a "hard landing" whenever Asian central bank dollar-denominated reserve accumulation ceases:


The last is mostly excerpts from a very nice speech by his boss, President Sandra Pianalto of the Cleveland Fed.