Debt Ceiling: The Trillion Dollar Coin Solution

Through a hypothetical Oval Office meeting, a Yale law professor describes a platinum solution to the debt ceiling problem. The basic idea is that if Treasury can get the money to cover government spending without borrowing then it does not need…

Debt Ceiling: A Treasury Note

Secretary of the Treasury Geithner just sent Senate Majority Leader Harry Reid a letter. Noting that in 5 days the US will again have hit the debt ceiling, Secretary Geithner explains that actually, we might have an extra 2 months.…

Economic Humor

For laughter and economic insight, the following are wonderful. A Cartoon: From gocomics.com, a very hypothetical illustration of “The First Economist.” A Daily Show Excerpt: Treasury Secretary Tim Geithner’s problems with selling his house. The Economic Lesson Some serious reading…