I was having a bit of fun making graphs for a talk. Are we all fine and debt is no longer a problem? I went back for a...
Growth in the UK?
I thought European “austerity,” meaning mostly large increases in marginal tax rates on anyone daring to work, save,...
The fair price of catfish in Vietnam
Source: WikipediaAnother fish story. In recent news, our Federal Government is now taking on the “fair price” of catfish...
Capital not a lost cause?
Admati and Hellwig (my review here) (and fellow travelers) may be having some effect! From today’s WSJ “Heard on the Street”:...
GMO Salmon
Source: http://www.aquabounty.comThis weekend’s New York Times brought the interesting story of AquaBounty’s genetically...
Taxation of capital and labor
“Redistributing from Capital to Workers: An Impossibility Theorem” is a fine post by Garrett Jones on Econlog, explaining...
Crunch time
David Greenalw, Jim Hamilton, Peter Hooper and Rick Mishkin have a nice op-ed in the Wall Street Journal summarizing their...
Comic of the day
Greg Mankiw posted this lovely “comic of the day.” He called it “not completely fair.” I’m not sure what he meant.Perhaps...
Monetary policy with large debts
This is a Wall Street Journal Op-Ed, March 4 2013. They titled it “Treasury needs a better long game,” but the most important...
The banker's new clothes -- review
I wrote a review of Anat Admati and Martin Hellwig’s nice new book, “The banker’s new clothes” for the March 2 2103 Wall...
Limited clairvoyance
The current approach to financial and banking regulation relies a lot on the idea that our now-wise regulators, armed with...
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