Ricardo Caballero is helpful

But then, I may just be biased towards anyone who can coherently bring Knightian uncertainty to bear on a discussion of the real world.
Here and here.  Oh, and here (sorry if you have to register, but in my opinion the Financial Times is actually worth it…).

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Luigi Zingales is helpful.

I’ve been finding VoxEU.org a very good source of timely analysis of all the recent economic goings-on.  If you haven’t already taken a look at the free e-book they published with advice for G20 leaders, for instance, it’s worth a read.  And today, Luigi Zingales of the University of Chicago continues a series of strong [...]

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More on the crisis

In advance of this weekend’s G7/8 and IMF meetings, a number of the world’s top economists have published a 38-page booklet entitled Rescuing our jobs and savings: What G7/8 leaders can do to solve the global credit crisis.  From the abstract:
Without rapid and coordinated action by G7/8 leaders, this financial crisis could turn into a [...]

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A (relatively) clear explanation of the past ten days on Wall Street

I concur with Steven Levitt when he writes this morning that,
As an economist, I am supposed to have something intelligent to say about the current financial crisis. To be honest, however, I haven’t got the foggiest idea what this all means.
Fortunately for me, Steven works down the hall from two of the giants of financial [...]

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