Most meaningless market move yet

Regular readers are well aware that Barbara and I really hate assigning deep meanings to daily stock market movements, and when we are pressed into doing so by our editors we usually respond by writing about volatility.

But today’s 889-point rise in the Dow really takes the cake. There is no plausible explanation for why the market just …

Getting ready to be sandwiched

My recently widowed Dad moves in this Friday. We’ve prepared the house: Chris has put in safety bars in the bathrooms and a bannister on the stoop. Right now he’s installing a new sink with an easy-to-use faucet. We’ve cleared out the downstairs playroom and moved in a bed, a comfy reading chair, a smoke alarm. We’re stocked up on …

New(ish) column: The Comeback Keynes

First came the Great TIME.com Blog Crash of 2008. Then I spent Monday as the Nauseous Capitalist, and really didn’t feel up to posting. I still don’t feel great but here, finally, is a perfunctory post linking to my latest column. It begins:

We are all Keynesians now. It’s a phrase that entered public discourse as the headline of a TIME