"Light" Blogging...

To say the least, the blog has been put on the back-burner.

I started the blog to try to help people understand what was going on with the financial crisis. At this point I don't know what's in store for the blog. Frankly it's mostly because web traffic was so low that I stopped posting last month, but I'll probably come back when the next round of the financial crisis flares up.

I confidently predict several more rounds of this crisis will unfold in the next 12-18 months. It is highly unlikely that Obama's team will be able to solve our problems, though I do think that we are better off (from an economist's perspective) than we would be under a McCain administration.

I may also change the tone of the blog and start posting on some unorthodox economic theories that seem to be much more relevant today than the overwhelmingly accepted standard neoclassical theory.

As always, feel free to post questions in the comment section.