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Bio for Caroline Baum

Ben Bernanke Is No Alan Greenspan. Or Is He?
Despite Ben Bernanke's best efforts, the markets seem to be confused about what he's saying.
Are Obama’s Scandals Good for Investors?
Washington is awash in scandals. The White House is fending off inquiries on three fronts: its response to the terrorist attack on a U.S. diplomatic outpost in Benghazi; the Internal Revenue Service’s scrutiny of conservative groups seeking tax exemptions; and the Justice Department’s broad seizure of Associated Press phone records in a leak probe.
Bernanke Definitively Says 'At Some Point'
Anyone expecting Federal Reserve Chairman Ben Bernanke to tip his hand on reducing the pace of asset purchases will have to wait a few more months. 
Kinsley, Krugman and Austerian Aliens
Michael Kinsley goes to bat in the New Republic for "'austerians," a term he says is "a clever Krugman coinage that makes adherents sound like aliens from another planet." 
The Question the Fed Should Be Asking
Ed Koch, the late mayor of New York City, used to stop residents on the street and ask, “How am I doing?”
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