US Financial Crisis Continues
Harvard Economists React
The following is a dynamic listing of the latest views and news from Harvard Economics Department Faculty regarding the crisis. Please bookmark this page and check back frequently for the very latest on the situation.
| Professor | Media Source |
|---|---|
| Alberto Alesina, Nathaniel Ropes Professor of Political Economy |
The Wall Street Journal, Opinion, "Let's Stimulate Private Risk Taking," January 21, 2009, co-authored with Luigi Zingales. |
| Robert Barro, Paul M. Warburg Professor of Economics |
The Wall Street Journal, Opinion, "Pandemics and Depresssions," May 5, 2009.
The Browser, "Robert Barro on Lessons of the Great Depression," May 3, 2009. The Wall Street Journal, Opinion, "What are the Odds of a Depression?," March 4, 2009. |
|
Martin Feldstein, |
Denver Post, Opinion, "Cap and Trade: It's an economic catastrophe," June 21, 2009. Financial Times, Opinion, "Inflation is looming on America's horizon," April 19, 2009. Taipei Times, Editorials, "Fall in US household wealth likely to spur a long recession," March 3, 2009. The Washington Post, Opinion, "An $800 billion mistake," January 29, 2009. Reuters, "Ex-NBER Feldsein: Recesion may not end in 2009," January 4, 2009. CNBC, "Economy May Be Worse A Year From Now: Feldstein," January 2, 2009. The Wall Street Journal, Opinion, "Defense Spending Would Be Great Stimulus," December 23, 2008. Stabroek News, "Will the euro survive the current crisis?," November 26, 2008. (Printer friendly version) Salt Lake Tribune, "The stimulus plan we need, when we need it," November 3, 2008. The Wall Street Journal, Opinion, "The Stimulus Plan We Need Now," October 30, 2008. Ha'aretz, "Where the spiral might lead," October 3, 2008. (Printer friendly version) Project Syndicate, "America's Problems Run Deeper than Wall Street." |
| Edward Glaeser, Fred and Eleanor Glimp Professor of Economics |
The New York Times, Economix, "A Failure of Regulation, Not Capitalism," June 9, 2009. The New York Times, Economix, "The Big Three? Try the Small Many," March 3, 2009. The New York Times, Economix,"If You Got Money, It's Time to Spend Some," February 17, 2009. The New York Times, Economix, "Subsidizing Home Buying: Could Be Worse," February 10, 2009. Boston Globe, Opinion, "Infastructure needs bill of its own," February 6, 2009. The Boston Globe, Opinion, "New lending deals won't bring back 2006," December 5, 2008. The Boston Globe, Ideas, "This old house policy," November 2, 2008. Glaeser, Edward L. and Gyourko, Joseph (2008) "The Case against Housing Price Supports," The Economists' Voice: Vol. 5 : Iss. 6, Article 3. The New York Times, Economix, "Beter, Not Just More, Regulation," October 28, 2008. The New York Times, Economix, "Why We Should Let Housing Prices Keep Falling," October 7, 2008. The New York Times, Economix, "Housing Prices in the Three Americas," September 30, 2008. The New York Times, Economix, "Where Are Home Prices Headed? (Or: What Are Thoes "Bad" Mortgages Treasury Wants to By Actually Worth?)," September 23, 2008. |
| Claudia Goldin, Henry Lee Professor of Economics |
NPR- WBUR, On Point with Tom Ashbrook, "The Wealth Gap After the Crash," March 9, 2009.(Audio file) WBUR, Here and Now, "Unemployment Figures," December 30, 2008. (Audio file) |
| Oliver Hart, Andrew E. Furer Professor of Economics |
Wall Street Journal, Opinion, "Economists Have Abandoned Principle," December 3, 2008. NECN, "What if the Senate does not pass the plan?," October 2, 2008. (Video) France 24, "How to Spend $700 billion," October 1, 2008. NECN, "Economists urge lawmakers to slow down," September 26, 2008. (Video) |
| Dale Jorgenson, Samuel W. Morris University Professor |
The Wall Street Journal, Real Time Economics, "Productivity Paradox Result of Freaked Out Economy," February 5, 2009. (quoted in article) NECN, "Summing up the economic year of 2008," December 31, 2008. (quoted in story) Newsweek, "All that Money You've Lost--Where did it go?," October 11, 2008. |
| Lawrence Katz, Elizabeth Allison Professor of Economics |
NPR- WBUR, On Point with Tom Ashbrook, "The Wealth Gap After the Crash," March 9, 2009.(Audio file) WBUR, Here and Now, "Unemployment Figures," December 30, 2008. (Audio file) |
|
David Laibson, |
Bennet, Drake, Boston Globe, Paradigm Lost, December 21, 2008. (Quoted in article) |
| Gregory Mankiw, Robert M. Beren Professor of Economics |
The New York Times, Economic View, "That Freshman Course Won't Quite Be the Same," May 23, 2009. The Washington Post, Opinion, "Soaking the Rich?," March 8, 2009. (One of the opinions) The New York Times, Economic View, "It's No Time for Protectionism," February 7, 2009. The New York Times, Economic View, "Is Government Spending Too Easy an Answer?," January 10, 2009. The New York Times, Economic View, "But Have We Learned Enough?," October 25, 2008. Greg Mankiw's Blog: Random Observations for Students of Economics |
| Jeffrey Miron, Senior Lecturer on Economic |
Reason.tv, "Jeffrey Miron on The Financial Crisis and The Case For Doing Nothing," April 27, 2009 (podcast) Harvard International Review (Winter 2009), "Path to Recovery," Vol. 30 (4). WBZ Channel 38 News, "Stimulus Plan Will Do More Harm Than Good," February 16, 2009. (Video link of featured story) CNN, "Cut taxes, don't raise spending," December 30, 2008. CNN, "Why this bailout is as bad as the last one," October 14, 2008. New York Post, "Infusions for Ailing Banks in Rescue Revamp," October 11, 2008.(Printer friendly version) CNN, "Commentary: Bankruptcy, not bailout, is the right answer," September 29, 2008. NECN, "Collapse of the bailout," September 29, 2008. (Video) |
|
Kenneth Rogoff, |
Boston Globe, Business, "Stop the financial bleeding," May 19, 2009. Newsweek, Don't Buy the Chirpy Forecasts (pdf), from issue dated March 30, 2009 Public Radio International, The World, Geithner Plan for Financial
Overhaul (podcast), March 26, 2009 CBS Evening News, The True Costs of Recovery, March 19, 2009 Public Radio International, The World, More Anger Directed at AIG (podcast), March 17, 2009 National Public Radio, On Point, G-20 to the Rescue (podcast), March 16, 2009 National Public Television, NOW with David Brancaccio, Previewing the Superpower Summit, March 13, 2009Project Syndicate, "What is the Deficit Endgame," March 2009. National Public Radio, All Things Considered, Examinig if Banks Are Too Big to Fail, March 9, 2009 BBC Radio, Newshour (podcast), Evaluating the Stimulus and Bank Bailout Plans, February 11, 2009 National Public Television, The News Hour with Jim Lehrer, Will the Rescue Plan Work? (podcast), February 10, 2009
Wall Street Journal, Op Ed, What Other Financial Crises Tell Us (pdf) (with Carmen Reinhart), February 3 2009 New York Times Blogs, Davos World Economic Forum, The Exuberance of India, The Global Credit Drought, Cautiously Pessimistic, January 2009 National Public Television, The News Hour with Jim Lehrer, Banking Sector, Bailout Reform, May Top Obama Agenda (podcast), January 21, 2009 National Public Radio, Planet Money,
Are Any Countries Benefitting from the
Financial Crisis? (podcast), January 16, 2009 Bloomberg News, Night Talk with Mike Schneider, World May Be in Worse Recession since WWII, January 8, 2009 The Economist, Drastic Times (Economics Focus), January 8, 2009 pdf The Region: Banking and Policy Issues Magazine, Interview, December 2008.
BBC Radio, Newshour, Quantitative Easing, Deflation and the Financial Crisis, podcast, December 16, 2008 CNBC News, Closing Bell with Maria Bartiromo, Benefits of Inflation, December 15, 2008 Project Syndicate, Inflation Is Now the Lesser Evil, December 2008 Project Syndicate, Supersizing the IMF Is Wrong, November 2008CNN, Memo to the President, 11/26/08 National Public Television, The News Hour with Jim Lehrer, Government Widens Support for Home Loans, Credit, podcast, November 25, 2008 MSNBC, Nightly News with Brian Williams, Sudden Fall of Citigroup, November 24, 2008. National Public Radio, All Things Considered, Addressing the Threat of Deflation, November 20, 2008 Financial Times, Regulation Should Be International, November 18, 2008 BBC, PRI and WGBH, The World, Impact of the G20 Summit, November 17, 2008 BBC World News, Today, G-20 Meet to Discuss Crisis, November 14, 2008 American Public Media, Weekend America, Inside the G-20, podcast, November 15, 2008American Public Media, Marketplace, 1% Might Not Be the Final Cut, October 29, 2008 National Public Radio, All Things Considered, "Is the Bank Bailout a Nationalization?," October 14, 2008 BBC Radio World Service, Newshour, "The IMF and Bank Bailout," October 10, 2008 National Public Radio, All Things Considered,
"Economists Discuss Post-Bailout Economy,"
October 3, 2008 US News and World Report, "America's Credit Catastrophe," October 3, 2008. Newsweek, "The Making of America 2.0," October 2, 2008. (Printer friendly version) National Public Television, The News Hour with Jim Lehrer,
"
Assessing the Bailout" (with Ray Suarez), October 2, 2008. (Video) (Text version) Business Day, "Significant reasons to doubt wisdom of bailout," September 30, 2008.
National Public Radio, The Diane Rehm Show,"U.S. Financial Crisis and the Global Economy," September 25, 2008. National Public Radio, Morning Edition, "U.S. Tarnished by Financial Meltdown," September 24, 2008 |
| Jeremy Stein, Moise Y. Safra Professor of Economics |
Mihm, Stephen, The New York Times, Magazine, "Capital Insurance," December 12, 2008. Quotes Professor Jeremy Stein. WBZ News Radio, "Making the case for patience on the bailout." The New York Times, Opinion, "The $700 Billion Question," September 22, 2008. |
| Lawrence Summers, Charles W. Eliot University Professor |
The Washington Post, Op-Ed, "A New Financial Foundation," (with Timothy Geithner) June 15, 2009. NECN, Business, "Larry Summers addresses Boston business leaders," October 30, 2008. (video) The Financial Times, "The pendulum swings towards regulation," October 26, 2008. The Financial Times, "The 700bn bail-out and the budget," September 28, 2008. |
Harvard Affiliated Opinions:
|
Glen Weyl, |
The Huffington Post, "Put the Bankers Back to Work," February 5, 2009. The Boston Globe, Opinion, "Financial guidance from FDA," December 3, 2008. |
General:
Harvard Crimson, "Economics Professors Split on Stimulus," February 17, 2009.
The New York Times, "In a Weak Climate, the dollar has surprising muscle," October 5, 2008
Harvard Crimson, "Experts attempt to parse the 'crisis in the markets'," October 2, 2008
USA Today, "Economists' forecasts get gloomier, predict more rate cuts," September 29, 2008
Harvard University Webcast, "Understanding the Crisis in the Markets: A Panel of Harvard Experts," September 25, 2008
Harvard Crimson, "Economics Professors Lament Financial Crisis," September 22, 2008
The New York Times, Business- Economic Scene, "Perhaps, It's Time to Play Offense," September 16, 2008.
© 2007 by the President and Fellows of Harvard College