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Notes on the Crises

Coverage of the ongoing Impoundment and Unitary Executive Constitutional Crisis

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Spreading Jesus Through the OMB: The Final Levers OMB Has Over Agencies are “Management Initiatives”

This is a free piece of Notes on the Crises. All pieces in our OMB coverage will be free. Please take out a paid subscription to support this work. Or leave a tip . Joshua Lawrence is a research fellow at Notes on the Crises and graduate of Sarah Lawrence

The Great Financial Crisis of 2007-2009 Was First and Foremost a Liquidity Crisis: Lessons for the Data Center Financial Crisis Debate

The reason I care so much about keeping the record clear about the causes of the Great Financial Crisis is that I think there are many important lessons about how the financial system works in that crisis.

A Hidden Geopolitical Threat to the Global Financial System? Oddities in the U.S.-Japanese Yen Intervention

This is a Premium Piece of Notes on the Crises. Buy a Paid Subscription Give a Tip! I am way overdue on commentary on international financial and currency markets. I hope, by the end of the month, to have my long delayed big picture piece on “Dollar Hegemony After

*Sigh* No Ed Zitron, AI bond issuance is not AI’s "Subprime Mortgage Crisis”

EDITORIAL NOTE: Given the importance of this issue, and in a desire to be fair when writing such a critical piece, I sent a draft of this article to Ed Zitron to review and give his response to. I've clarified a few points here and there in response

Christmas is Not Essential: the Levers OMB has Over Agencies under Continuing Resolutions and Government Shutdowns

This is a free piece of Notes on the Crises. All pieces in this OMB series will be free. Please take out a paid subscription to support this work. Or leave a tip . Joshua Lawrence is a research fellow at Notes on the Crises and graduate of Sarah Lawrence

BREAKING: HUD is Planning on Hobbling Federal Financial Assistance for Housing by Burying it in Paperwork.

This is a free piece of Notes on the Crises. Please take out a paid subscription so that breaking news coverage like this can be kept free. Or leave a tip . Have non-public information about the Trump Administration Unitary Executive and Impoundment Crisis? Get into contact!

The Oil Market is a Conventional Wisdom Processor

I had so many thoughts about the run up to- and beginning of- the Trump-Iran war. My biggest thoughts were focused on how the ideas that I developed about the stock market as a “conventional wisdom processor” applied- or would apply- to the behavior of the oil market given Trump’s behavior.

Notes on the Crises on Bloomberg Odd Lots: Lev Menand and Nathan Tankus on Why Fed Independence Is Now Hanging by a Thread

Last August, President Trump made the unprecedented choice of moving to fire Fed governor Lisa Cook

The Devil is in the Footnotes: The Fourth and Fifth Levers OMB Has Over Agencies

This is a free piece of Notes on the Crises. All pieces in this OMB series will be free. Please take out a paid subscription to support this work. Or leave a tip . Joshua Lawrence is a research fellow at Notes on the Crises and graduate of Sarah Lawrence

Alan Greenspan’s Death is a Chance to Remember the Heroism of his Most Powerful Critic

This is a free piece of Notes on the Crises. Subscribe to support our work. Subscribe Today! When I first learned of Alan Greenspan’s death at the age of 100 a few weeks ago, my first thoughts were not about any of his actions, his relationship to Ayn