Latest Christina Romer Stories

2010-03-15 22:00:00

NEW YORK, March 15 /PRNewswire/ -- On March 23, 2010 the world's foremost experts on innovation will gather in Berkeley, Calif. to challenge established thinking about what innovation is, where it comes from, and how to make it work. Fueled by the belief that innovation itself is ripe for change, "Innovation: Fresh thinking for the ideas economy" is a two-day event hosted by journalists from The Economist and created for executives who believe in the power of innovation to transform their...

2009-09-25 15:42:34

Christina Romer, chair of the White House Council of Economic Advisers, said in Chicago the Great Recession had all the early signs of the Great Depression. Both financial skids, 1929 and 2007, began with gentle declines, Romer said in a speech at the Federal Reserve Bank in Chicago Friday. Both episodes were also marked with strong declines in household wealth and both were hit with bank runs, Romer said. In the Great Depression, the bank runs began in 1930. At that point, the Federal...

2009-08-07 07:53:02

Pundits, politicians and economists are debating the effects of the $787 billion U.S. stimulus spending plan six months after it was signed into law. White House officials have declared the spending plan a success, although its effect on the unemployment rate has been delayed as the first wave of funding went to tax cuts, health care and an extension of unemployment benefits, The New York Times reported Friday. Still, Allen Sinai, chief economist at Decision Economics said, the signs of the...

2009-03-04 13:33:00

U.S. President Barack Obama is trying to inject some calm into a shaky marketplace, asking the public not to fret over daily ups and downs. You know it bobs up and down day to day. And if you spend all your time worrying about that, then you're probably going to get the long-term strategy wrong, Obama told reporters at the White House, The Washington Post reported Wednesday. What I'm looking at is not the day-to-day gyrations of the stock market, but the long-term ability for the United...

2009-01-19 12:05:23

Economists warned a recovery from the recession could take years, with U.S. unemployment expected to rise during Barack Obama's first term in office. We're in a post-bubble global recession and post-bubble recessions are lethal for growth, said Stephan Roach, chairman of Morgan Stanley Asia. It will be a long time before the world experiences anything more than anemic recovery, he said, the Los Angeles Times reported Monday. A recent study by Barack adviser Christina Romer and Vice-President...

Word of the Day
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.