News
WSJ | Debt Rises in Leveraged Buyouts Despite Warnings
Wall Street banks are financing more private-equity takeovers with high levels of debt, despite warnings by regulators to reduce the amount of risky loans they make.
Econ Comments & Analysis
WSJ | Taking New York Back to the Bad Old Days
Who should worry the most about New York Mayor Bill de Blasio's inaugural budget? Liberals and progressives. Mr. de Blasio is the first New York mayor in two decades to hail from the left, which makes him the face of a new progressivism in America. If the public sees that the mayor's new $73.9 billion budget for fiscal 2015, which starts in July, is not only imprudent but improper from an accounting perspective, voters' fears about unbridled liberalism will be ratified.
Blogs
Library of Economics | Walter Oi on Government Budgeting
In response to my recent pieces on Walter Oi (see here, for example), Walter's widow, Marjorie, sent me an unpublished 26-page, single-spaced reminiscence that Walter wrote circa 1995 about his time as a child in Franklin D. Roosevelt's internment camps. It's fascinating. I will probably have more to post in and might even try to get an article out of it.
