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Friday, February 22, 2013
Everything You Wanted to Know About the Safe Asset Debate
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Can be found here . Update: one overlooked contributor in the above link is Steve H. Hanke. He has noted several times how Basel III...
5 comments:
Tuesday, February 12, 2013
From Government Fiat Money to Private Commodity Money: the Case of Somalia
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Lawrence H. White and William Luther have several papers on the fascinating case of Somalia money after the state collapsed in 1991. Here ...
7 comments:
Sunday, February 10, 2013
Fiscal Austerity is Happening Now
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Ryan Avent notes that fiscal austerity is happening now: [T]he record shows that total federal government outlays were 25.2% of GDP ...
11 comments:
Friday, February 8, 2013
NGDP Targeting for Kentucky!
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In case you couldn't get enough of NGDP targeting, here is a piece I wrote for the Lane Report, a Kentucky business publication, on wha...
If You Think the Fed is Behind the Low Interest Rates
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Think again... Long-term government yields on safe assets across the globe have been declining since the crisis broke out. Something ...
11 comments:
The Train Has Already Left the Station: A Reply to Paul Krugman
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Paul Krugman says now is not the time to cut government spending. Why? Because the Fed is out of ammunition and cannot possibly provide an...
13 comments:
Monday, February 4, 2013
Is "Precautionary Saving" Still a Problem?
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John Cochrane has an interesting post where he considers the various reasons why consumption has failed to return to its trend path. One a...
2 comments:
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