The Financial Times reports an amazing interview with Martin Wheatley, the “head of the UK’s new consumer protection watchdog.”...
Consumer financial protection, 1840
I recently read again a very nice paper by Toby Moskowitz and Effi Benmelech, “The Political Economy of Financial Regulation”...
A brief parable of over-differencing
The Grumpy Economist has sat through one too many seminars with triple differenced data, 5 fixed effects and 30 willy-nilly...
547 pages
As reported by the Wall Street Journal, Mitt Romney’s tax return was 547 pages long. If you want to know what’s completely...
Demographics and stock prices
Zheng Liu and Mark Spiegel at the San Francisco Fed wrote a very nice letter on demographics and asset prices, summarizing...
Romer on Regulation
I ran in to a lovely little paper on regulation, thinking about financial regulation, from Paul Romer.In my thinking about...
New Keynesian Stimulus
One piece of interesting economics did come up while I was looking through the stimulus blogwars.Paul Krugman pointed to...
Stimulus and Etiquette
The stimulus wars are heating up again.I wrote my last, and I thought best, summary blog piece “Stimulus RIP” in November...
Romney's 15%
Romney’s 15% average income tax rate is all over the news, with the usual “tax the rich” outrage.Romney pays little income...
Powell's secrets
Jim Powell wrote a nice Forbes article, “The Most Important Secret of a Prosperous Economy,” filled with his usual brand...
DeLong on Friedmans and Freedoms
Brad DeLong put up a post on Milton and Rose Friedman’s Free to Choose so succinct, so outrageous, and so revealing, it...
News flash: Bernanke not clairvoyant
Last week was full of the shocking revelations in newly released Fed minutes. Bernanke and co. didn’t foresee the housing...
What zero bound?
German bond yields turn negative, as reported in the Wall Street Journal.Source: Wall Street JournalNegative interest rates...
Hungarian Outrage
I stumbled across this lovely little post from Hungary, titled “This is why I don’t give you a job”It’s full of classic...
The World's Biggest Hedge Fund
The world’s largest hedge fund paid $79.3 billion dollars to its main investor last year, as announced to the press and...
Goolsbee on budgets
My colleague Austan Goolsbee wrote a thoughtful Wall Street Journal Op-Ed last week titled “Washington isn’t spending too...
Should Greece Devalue?
Two weeks ago I wrote the following in a little Bloomberg column about the Euro Defenders [of devaluation] think that...
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