We’re thrilled to celebrate the nineteenth anniversary of this site! It has been an incredibly busy journey, filled with ups and downs.
Throughout these years, there have been countless individuals to thank. Our journey began when a tech-savvy friend, Ed Wright, encouraged me to start posting in December 2006. I seized the opportunity, recognizing that the mainstream business media was largely oblivious to the troubling indicators in the credit markets that a finance-savvy reader could identify by carefully analyzing sources like the Financial Times and Bloomberg. Early on, Mark Thoma from Economist’s View was not only supportive but also instrumental in helping us gain visibility by linking to our posts. This was a vibrant era in the econoblogosphere, filled with voices like Nouriel Roubini, Simon Johnson, James Kwak, Barry Ritholtz, Paul Krugman, Felix Salmon, Michael Shedlock, Tanta, Independent Accountant, Steve Waldman, and Epicurean Dealmaker. Just when it seemed we were not meeting our audience targets, yet another financial crisis unfolded, unexpectedly boosting our traffic.
Unfortunately, our journey has also been marred by significant incompetence and misconduct over the years. Key issues include: insufficient post-crisis reforms that exacerbated existing inequalities, abuses related to foreclosures and title chains, the Cyprus banking crisis—which we later realized was an early impact of actions against Russia—problems with CalPERS, the hidden costs and reporting issues within private equity, the Greek bailout crisis, ineffective climate change measures, Covid, and, more recently, the turmoil surrounding Trump.
On the brighter side, we have been fortunate to work with many talented and often humorous contributors such as Ed Harrison, Marshall Auerback, Richard Smith, Andrew Dittmer, Nathan Tankus, Matt Stoller, Philip Pilkington, Gonzalo Lira, Satyajit Das, Rob Urie, IM Doc, and Michael Hudson, along with exceptional regular authors like Jerri-Lynn Scofield, Nick, Conor, KLG, and our esteemed Lambert. After many challenging years, we now enjoy a stable technology platform thanks to the diligent efforts of our expert, Dave.
Ultimately, the primary reason we’ve persevered with such passion is our incredible readership, which affirms our mission daily through comments, emails, and crucially, financial support. We wouldn’t be here without you. The high quality of our comments section is largely a result of the dedicated moderation by Katiebird and Semperloquitur. We are also fortunate to have attracted impressive new writers to continue Lambert’s legacy: Haig, Nat, and Curro, with KLG and Semperloquitur stepping in to support. They have expressed that their eagerness to contribute is fueled by the enthusiastic and well-informed discussions fostered by our global and astute community.
Wishing you all a joyful holiday season and a fantastic 2026 ahead!
