Krugman’s Blunt Take: Obama’s Not the One

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On the book jacket/inside flap of Nobel Laureate Joseph Stiglitz’s Freefall: America, Free Markets, and the Sinking of the World Economy, Nobel Laureate (too) and New York Times opinion leader Paul Krugman calls Stiglitz an “insanely brilliant economist”.

7 Minutes with Joseph Stiglitz: Hopes Geithner and Summers Learn from Serious Errors

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This is a seven minute clip of a high substance, politically significant exchange with Nobel Economics Laureate Joseph Stiglitz — who hopes that Obama’s economic team will soon — finally — learn from the serious mistakes they have made. Stiglitz says that there is a major battle of ideas underway.

Sheila Bair Makes a Mortgage Boo Boo

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I just received the seriously disturbing news that FDIC chair Sheila Bair, one of the few national economic leaders who worked hard to curb the excesses and corruption of Wall Street and stand by middle class interests, may have run into some conflict of interest problems.

Great Challenges Make Great Presidents? Obama Not There Yet

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(photo credit: Official White House Photo by Pete Souza) I wrote this article today for Salon.com reviewing President Obama’s performance over the past year. I hope you’ll read the entire piece — but here’s the intro plus a bit more: Great Challenges Make Great Leaders Yes, Obama inherited a presidency in bad shape.