Caroline Baum



Jan 9, 2014
It's a good thing Janet Yellen already knows where to find the women's room at the Federal Reserve Board, because her first year as chairman could offer some interesting challenges.


Jan 6, 2014
Economists will admit that they know very little about the macroeconomy, which is why they use models to predict things like employment and inflation. They do know a few things about the behavior of individuals and businesses in the marketplace, a field known as microeconomics.


Jan 2, 2014
I can only imagine what the average person must think when he reads what passes for economic analysis in the daily press. Let me give you an example.


Dec 26, 2013
It's that time of year when journalists let their creativity run rampant to produce 10-Best and 10-Worst lists, revisit the year's biggest whoppers (look no further than the Oval Office) and offer prognostications for the coming year.


Dec 23, 2013
After green shoots, false dawns and any other overused metaphor you can think of to describe spring's awakening (sorry) for the U.S. economy, is this the real deal?


Dec 19, 2013
What's the value of $10 billion of monthly bond purchases? Four carefully chosen words.


Dec 17, 2013
A "coin toss." That's how most economists describe the outcome of this week's Federal Reserve meeting and the decision on whether to start slowing its asset purchases tomorrow or wait until early next year.


Dec 16, 2013
Instead of outreach programs and sappy TV ads with parents imploring their kids to sign up for Obamacare, President Barack Obama needs to start thinking creatively if he wants his signature legislative achievement to be a success. What motivates kids? In fact, what motivates any of us?

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