Author Archives: Edward Harrison

About Edward Harrison

I am a banking and finance specialist at the economic consultancy Global Macro Advisors. Previously, I worked at Deutsche Bank, Bain, the Corporate Executive Board and Yahoo. I have a BA in Economics from Dartmouth College and an MBA in Finance from Columbia University. As to ideology, I would call myself a libertarian realist - believer in the primacy of markets over a statist approach. However, I am no ideologue who believes that markets can solve all problems. Having lived in a lot of different places, I tend to take a global approach to economics and politics. I started my career as a diplomat in the foreign service and speak German, Dutch, Swedish, Spanish and French as well as English and can read a number of other European languages. I enjoy a good debate on these issues and I hope you enjoy my blogs. Please do sign up for the Email and RSS feeds on my blog pages. Cheers. Edward http://www.creditwritedowns.com

Guest Post: Barack Obama as Herbert Hoover

Submitted by Edward Harrison of the site Credit Writedowns Edward Harrison here. For months now, we have been hearing the Obama – FDR comparisons, all suggesting that Barack Obama is a modern day Franklin Delano Roosevelt, with the opportunity to lead us out of Depression with a new New Deal. I have some serious problems […]

Guest Post: The new bailouts are an end-run around Congress

Submitted by Edward Harrison of the site Credit Writedowns Edward Harrison here. What follows is a post I wrote for Credit Writedowns last night. Before I present the post, I want to make a few editorial comments, however. First, for full disclosure, I support Barack Obama. I voted for him, campaigned for him and contributed […]

Guest Post: Turning Japanese and understanding the consequence of policy half-measures

Submitted by Edward Harrison of the site Credit Writedowns Edward Harrison here. Yves is away today, so I thought I would spur discussion with a thought regarding the Geithner Plan and Japan. As I see it, the Geithner Plan is inadequate because it assumes illiquidity where insolvency is the problem. The long and short of it, […]

Guest post: Can Geithner’s public-private partnership get it done?

Submitted by Edward Harrison of the site Credit Writedowns Edward Harrison here. This is a post I published just last night over at Credit Writedowns with some minor edits. Barack Obama’s presidency will likely be decided by one single issue – his ability to deal with this financial crisis. With the release of his Treasury […]

Guest Post: It’s the writedowns, stupid

Submitted by Edward Harrison of the site Credit Writedowns Edward Harrison here. Today, I want to make the case for seeing writedowns as central to this global downturn. To do so, we need to rewind and compare what is going on today with what we have experienced in the past. Drawing on this comparison, I […]

Guest post: A few thoughts about the banking crisis response in the United States

Submitted by Edward Harrison of the site Credit Writedowns Edward Harrison here. I wanted to begin my series of posts here on naked capitalism with my thoughts regarding the policy response to the banking crisis in the United States. I believe Yves would agree that the response to date has lacked the necessary urgency to […]