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The Fed hopes to stop investment bubbles before they pop. Good luck!
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Slate Magazine
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What should the Federal Reserve do—and what can the Federal Reserve do—about investment bubbles? On Friday, the Wall Street Journal profiled a group of Princeton economists who have been hired by current Federal Reserve Chairman Ben Bernanke to study the subject. "The Princeton squad argues that the Fed can and should try to restrain bubbles," the Journal wrote, "rather than following former Chairman Alan Greenspan's approach: watchful waiting while prices rise and then cleaning up the mess after a bubble bursts." In a speech on the same topic last Thursday, Federal Reserve Gov. Frederic Mishkin said that while the Fed probably shouldn't be in the asset-bubble-bursting business, it should have mechanisms in place to stop periodic outbursts of investor insanity from infecting the credit system.
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Slate Magazine
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Slate is the Internet's informed look at news, politics, and culture. This channel is auto generated - new Slate content is added automatically.
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Slate on Day to Day for the week of Nov. 11.
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Slate stories on NPR's Day to Day.
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Dear Prudence: Hermit Husband
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Slate Magazine
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A daily video from Slate V
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Slate Votes - Obama wins this magazine in a rout. (Slate)
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memeorandum
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Slate: Slate Votes — Obama wins this magazine in a rout. — We asked Slate's staff and contributors to tell us whom they're voting for on Election Day and why. These are their responses. Click here to read Editor David
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Slate Votes - Obama wins this magazine in a rout. (Slate)
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memeorandum
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Slate: Slate Votes — Obama wins this magazine in a rout. — We asked Slate's staff and contributors to tell us whom they're voting for on Election Day and why. These are their responses. Click here to read Editor David
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Introducing the Slate Poetry Podcast.
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Slate Magazine
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Now you can listen to Slate poetry wherever you go. Below, browse Slate's weekly lineup of new and renewed work by leading poets, selected by Robert Pinsky and read to you by the author. Or subscribe to Slate's new Poetry Podcast feed on iTunes and carry
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Why those "armies" of lawyers are our last, best hope for a fair Election Day. - By Dahlia Lithwick - Slate Magazine
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reddit politics
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The Fed Shouldn’t Escape Blame for Investment Bubbles
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10 unusual monuments to rub, kiss or pat for good luck
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Can the Fed Pop Bubbles (And If So, How)?
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reddit economics
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