Word: depressionitis
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Vincent had been in a mental institution before. While finishing her previous book, Self-Made Man-in which she went undercover as a man for more than a year- Vincent was overcome with depression, lost touch with reality and checked herself into a psychiatric hospital. The experience was not a...
The government is fighting the current recession as if it were the Great Depression of the 1930s. This reflects a serious misinterpretation of reality, one that will most likely persist beyond Inauguration Day.
Barack Obama's appointment of Berkeley professor Christina D. Romer as chairwoman of the Council of Economic Advisors is consistent with this orientation, as she is an expert on the Great Depression and may lend support to the unwarranted focus on the Depression. Indeed, Romer has supported the Fed's...
From this anti-Depression policy has come a stream of costly policy errors that could ultimately prolong the current recession. The Fed's Dec. 16 decision to drop the target federal-funds rate to a record low of 0% to 0.25% is but the most recent of these. With rates...
Neither Borrower Nor Lender Be I enjoyed Michael Kinsley's essay [Dec. 15]. We have borrowed, and not from fellow Americans but from China, Japan and other countries. We may have more clout in the world militarily but do others have more clout economically? I have read that what really...