Fun debt graphs Unknown 13:24 Add Comment Unknown 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? Unknown 02:02 Add Comment Unknown 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 Unknown 01:44 Add Comment Unknown Source: WikipediaAnother fish story. In recent news, our Federal Government is now taking on the “fair price” of catfish...
Capital not a lost cause? Unknown 01:14 Add Comment Unknown Admati and Hellwig (my review here) (and fellow travelers) may be having some effect! From today’s WSJ “Heard on the Street”:...
GMO Salmon Unknown 00:36 Add Comment Unknown Source: http://www.aquabounty.comThis weekend’s New York Times brought the interesting story of AquaBounty’s genetically...
Taxation of capital and labor Unknown 00:11 Add Comment Unknown “Redistributing from Capital to Workers: An Impossibility Theorem” is a fine post by Garrett Jones on Econlog, explaining...
Crunch time Unknown 21:37 Add Comment Unknown 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 Unknown 21:54 Add Comment Unknown 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 Unknown 10:37 Add Comment Unknown 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 Unknown 09:52 Add Comment Unknown 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 Unknown 09:49 Add Comment Unknown The current approach to financial and banking regulation relies a lot on the idea that our now-wise regulators, armed with...