Barry Ritholtz launched finance blog The Big Picture in 2003, back when Word Press was barely beta. (Remember those days?) The site as it is today features regular posts, mostly by Ritholtz, Peter Boockvar’s “Macro Notes” (or commentary on the day’s news releases), and links to relevant videos and his (well-received) book, Bailout Nation. As a day job, Ritholtz runs an online quantitative research firm; he’s also a TV/radio frequent commentator on economic data and financial markets.
Paul Kedrosky, tech entrepreneur and strategist, muses on technology, finance, venture capital and money culture at Infectious Greed. Kedrosky cuts through general money world and blogosphere clutter for a well-curated read, providing Infectious Greed visitors with lists of “Readings” and “Weekend Reading” (links to top stories so you don’t have to find them yourself), alongside provocative blog posts. Or even better, sometimes he gets “other smart people” to go to “interesting-looking conferences” and report back—in abbreviated, easy to digest form—as he does with the Economist’s Buttonwood Conference here here. Also, he loves graphs and visual maps.
Lauded as a top economics blog by The Wall Street Journal, CNN and others,
Angry Bear is run by several Ph.D economists, who provide individual takes on topics ranging from world trade to government regulation. The contributors come from different backgrounds—one’s an ex-biologist, for example, another is a law professor—which results in a healthy range of prospectives and posts.
Calculated Risk covers finance and economics and is run by Bill McBride (co-blogged from 2006 to 2008 by the late Tanta, aka Doris Dungey, an 20-year veteran of mortgage banking). Recognized as “indispensable” and “prescient,” Calculated Risk was one of the first to write about the U.S. housing bubble and it remains a top-visited econ site by traffic.
The recent, shadowy subject of a long New York profile, financial blog Zero Hedge has made a name for itself by posting reports (news to some, conspiracy theories to others) that sometimes seem wildly out there—until they sometimes prove true. (See: potential abuses of high-frequency trading at Goldman Sachs.) Zero Hedge is run by an ex-broker, Dan Ivandjiiski, under the blogonym “Tyler Durden”—the narrator’s alter ego in the novel “Fight Club,” played by Brad Pitt in David Fincher’s cultishly followed film adaptation. (The name Zero Hedge comes from a “Fight Club” quote: “On a long enough timeline, the survival rate for everyone drops to zero.”) It’s aggressive in its reporting and theorizing, and decidedly anti-establishment—reasons why it’s a blog to keep an eye on.
Planet Money is NPR’s multimedia finance and economics team, reporting news via podcasts and blog posts. Launched last year, the first Planet Money podcast was actually a co-production with
This American Life, spurred on by that progam’s reporting on the housing crisis. There’s been other collaborations, too, with The New York Times and NPR’s Morning Edition—“traditional media” if you will—but Planet Money’s leveraging the social media aspect too, with presence on Facebook and Twitter.
Called “a must read” by Paul Krugman and “one of the most informative news sites in the blogosphere” by Bill Moyers, Baseline Scenario explores issues in the global economy and develops policy proposals, brought to you by a trio of two economists and a former McKinsey consultan/current law student. Baseline Scenario also produces the super handy “Financial Crisis for Beginners”, which is just as it sounds.
Backed by he-who-yells-at-NBA-referees Mark Cuban, BailoutSleuth covers and analyzes issues related to the financial bailout. They source their information primarily from the Treasury Department, company statements, and Securities and Exchange Committee filings from TARP recipients. BailoutSleuth focuses mainly on reporting rather than making data available publically, so it’s is a resource for information and story ideas for journalists rather than a source for data.