Tag Archives: dave mccormick

What happened to FREE markets in London?

Thanks to Reuters’ MacroScope blog for noticing:
Keith Hennessey, a former top economic adviser to President George W. Bush, saw this one coming. He rightly predicted that the Group of 20 would drop a key word from its communique at the conclusion of the London Summit: Free.

Here is my original post from Wednesday:  A quick guide [...]

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The G-20 Summit in pictures

The President hosted the Summit on Financial Markets and the World Economy this past Friday and Saturday at the National Building Museum here in Washington, DC.
This is the first of a two-part note.  Part one will describe the mechanics of the Summit and show some photos.  Part two will describe the substance.
The action began in [...]

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Subprime mortgages, part 2

This is part two (of two) of your crash course on problems and solutions in the mortgage markets.  Here’s part one.  There is also a great op-ed on the financial market impacts of these mortgage market problems.  It ran in today’s Financial Times, and was coauthored by two Administration officials:  Treasury Undersecretary for International Affairs [...]

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The G-8 agreement (especially on climate change)

Here is the 38-page “Summit Declaration” from the G8 summit, released earlier today.  The summit and the document cover many important economic topics.  I’m going to focus on the climate change section, which is receiving a lot of press coverage.
We are very pleased.  Let me start with some quotes from the President while he was [...]

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