Keyword: stevenpearlstein

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  • The smartest economist you've never heard of

    10/04/2015 2:13:49 PM PDT · by SunkenCiv · 10 replies
    Washington Post ^ | Saturday, October 3, 2015 | Steven Pearlstein
    When David Lipton, a promising economist, was finishing his graduate work at Harvard in the early 1980s, he faced one of those potentially life-changing choices. He had one job offer from the International Monetary Fund in Washington, the multinational institution that for 70 years has served as a lender of last resort and dispenser of orthodox economic advice to countries that get into financial trouble. There was also an offer of a teaching job from the University of Virginia. Unsure of which path to take, he turned for advice to an intellectually restless and charismatic assistant professor, a Frenchman named...
  • The magical world of voodoo ‘economists’

    09/13/2011 2:53:24 AM PDT · by 1010RD · 25 replies · 1+ views
    The Washington Post ^ | 9/10/11 | Steven Pearlstein
    If you came up with a bumper sticker that pulls together the platform of this year’s crop of Republican presidential candidates, it would have to be: Repeal the 20th century. Vote GOP. It’s not just the 21st century they want to turn the clock back on — health-care reform, global warming and the financial regulations passed in the wake of the recent financial crises and accounting scandals. These folks are actually talking about repealing the Clean Air Act, the Clean Water Act and the Environmental Protection Agency, created in 1970s. SNIP They reject as thoroughly discredited all of Keynesian economics,...
  • This Recession, It's Just Beginning

    06/27/2008 11:15:35 AM PDT · by The_Republican · 82 replies · 133+ views
    Washington Post ^ | June 27th, 2008 | Steven Pearlstein
    So much for that second-half rebound. Truth be told, that was always more of a wish than a serious forecast, happy talk from the Fed and Wall Street desperate to get things back to normal. It ain't gonna happen. Not this summer. Not this fall. Not even next winter. This thing's going down, fast and hard. Corporate bankruptcies, bond defaults, bank failures, hedge fund meltdowns and 6 percent unemployment. We're caught in one of those vicious, downward spirals that, once it gets going, is very hard to pull out of. Only this will be a different kind of recession --...
  • Post Pulitzer Winner's Socialism: Ignore CEOs, Treat Them 'Like Social and Political Pariahs'

    04/09/2008 2:42:49 PM PDT · by Rufus2007 · 7 replies · 83+ views ^ | April 9, 2008 | Jeff Poor
    It’s all the rage with Democratic presidential candidates – vilifying the haves to win over the have-nots. However, the class warfare card is also in play for recent Pulitzer Prize winner Steven Pearlstein, a Washington Post columnist. Pearlstein participated in an online chat on the Post’s Web site April 8. Although he did not advocate direct government action, he told reader it’s time ostracize CEOs “making obscene salaries.” “No, not time for government intervention, actually,” Pearlstein wrote. “But it surely is time for people to treat CEOs who behave in this way like social and political paraiahs [sic], which is...