Entries for September 2006

Who was the best Federal Reserve Chairman ever? If there were a vote among economists, there's a pretty good chance that Alan Greenspan (1987–2006) would win, though Paul Volcker (1979–1987) would surely get plenty of votes. (Of course, if the housing bubble–fueled by all those Greenspan interest-rate cuts– bursts really badly, Greenspan's approval ratings might tank.)

Is America losing its competitive edge? That's one conclusion you could draw by looking at the annual competitiveness rankings just published by the Geneva-based World Economic Forum. (They're the guys who throw the annual Davos wingding for the planet's political and economic elite.)