Caroline Baum has been a columnist at Bloomberg News since 1998. She has been writing about the economy and the bond market since 1987. In 2004 and 2005, she received first-place National Headliner Awards in the wire service/commentary category.
Among her rarefied and demanding readership she has earned a reputation for timeliness, originality, knowledge, and--believe it or not--wit. How has she pulled it off? She's a reporter first and an analyst second, which means she actually knows what she?s talking about, and this allows her to cut the columnizer smoke blowing to a bare minimum. She knows everybody, and fears nobody. Most important of all, she has a strong point of view, best tagged as 'classical liberal,' which equips her with a refreshing impatience with cant and self-serving obfuscation. (The Weekly Standard, 10/31/05) Caroline Baum is one of the few topical commentators who write things that have lasting value. This compilation provides a history of the economic issues of the time and timeless insights. ?Paul H. O'Neill Former Secretary of the U.S. Treasury Caroline Baum is a rarity--an economics commentator who actually understands economics and writes about it with clarity and passion. Read her and learn! Read her and enjoy! ?Gregory Mankiw Professor of Economics, Harvard University Chairman, U.S. Council of Economics Advisors, 2003-2005 If you are interested in the Fed, interest rates, the budget deficit, taxes, China, or anything economic under the sun, Caroline Baum is a must-read. ?Lawrence Kudlow Host, CNBC's Kudlow & Company Not many financial journalists' columns repay a reading months or years later. Caroline Baum's knack for making complex ideas understandable and her irreverent style make her book one of the rare exceptions. ?Dr. Allan H. Meltzer The Allan H. Meltzer University Professor of Political Economy, Carnegie Mellon University