I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…

So says Michael Mandel.   Some of us might say you can't put dark matter in a container because it doesn't really exist.That is not Mandel's argument.  He believes in dark matter, though apparently n…

I watch the data on global reserve growth rather closely.  But I was still surprised to see (via Global Liquidity Blog) the scale of the growth in the Fed's custodial holdings so far in the first qua…

Buried in a column on iconoclastic  (and fashionista) tax policy expert Lee Shephard is this little gem:"“The whole Midwest was engaged in metal-bashing of some sort back then[when she was growing up…