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Archives: May 2006

Misleading Paulson Headline of the Week

Posted by: Michael Mandel on May 31, Categories: Fiscal Policy

In today's NYT, the headline of the story says "Paulson Comes Full Circle: Bush Picks a Deficit Hawk with White House Experience." Unfortunately, the article offers no evidence that Paulson...

A Radical Pro-Immigration Argument

Posted by: Michael Mandel on May 30, Categories: Labor Market

So far global trade policy has focused on making it easy to move goods and services across national borders. I've done a column where I lay out the case for...

What We Don't Know About Enron

Posted by: Michael Mandel on May 26, Categories: Corporations

Even after the trial, we don't really know what happened at Enron. Rebecca Smith of the WSJ writes: Indeed, more than four years after the Enron scandal began, it is...

More on backdating

Posted by: Michael Mandel on May 25, Categories: Organizations

Here's a back of the envelope estimate of the potential size of the backdating problem. I welcome any and all criticisms or comments. 1. Assume that the value of a...

Rethinking stock options

Posted by: Michael Mandel on May 23, Categories: Organizations

The latest backdating scandal is causing me to rethink my long-term positive position on stock options. As many of you know, I have always been a big fan of stock...

David Brin on Openness

Posted by: Michael Mandel on May 15, Categories: Future

I like David Brin's view of the world, especially his emphasis on openness. In a new post, he writes: it is important to recognize the big picture. That our CIVILIZATION...

China Finds that Innovation is Harder than it looks

Posted by: Michael Mandel on May 15, Categories: Tech

China is trying to become an "innovation society." But they are finding that innovation is harder than it looks. Now a leading Chinese scientist who claimed to have created a...

On the market value of economies

Posted by: Michael Mandel on May 15, Categories: Growth

Well, I'm back. Where was I? Part of the time I was lurking in the back alleys of Granada and Cordoba in Spain, helping my wife research her new novel...


Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.

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