Liveblogging World War II: September 1, 1941
Understanding the Lesser Depression 2.2.1: The Great Moderation: The Great Moderation: The Employment-to-Population Ratio

Nice to See at Least One Republican Appointee Seek Policies to Strengthen the American Economy...

Alan Zibel:

Fed’s Duke Suggests Government Could Do More to Help Homeowners: Federal Reserve governor Elizabeth Duke on Thursday suggested that the government could help more homeowners refinance their mortgages, as Obama administration and Fed officials study ways to boost the flagging U.S. housing market. With mortgage rates hovering near the lowest levels in decades, many Americans have not been able to refinance their home loans. Economists say allowing more borrowers to do so would put more cash in Americans’ pockets and provide a boost to the broader economy.