Blog Profile / Economist's View
| URL : | http://economistsview.typepad.com/economistsview/ | |
|---|---|---|
| Filed Under: | Business & Finance / Economics | |
| Posts on Regator: | 6589 | |
| Posts / Week: | 25.5 | |
| Archived Since: | June 7, 2008 | |
Blog Post Archive
The Unemployed Need Bold, Creative Moves from the Fed
We are, as they say, live: The Unemployed Need Bold, Creative Moves from the Fed I'm not as happy with the Fed as I could be.
Inequality and Economic Growth: Paul Krugman and Tony Atkinson
Note: The video starts around the 43 minute mark
Energy and Economic Growth
I did an interview with James Stafford of OilPrice.com: Energy and Economic Growth It covers a few other topics as well.
Alesina's 'Fair Sare of Abuse'
Jeff Frankel says:... Alberto Alesina has not been receiving his “fair share of abuse.” His influential papers with Roberto Perotti (1995, 1997) and Silvia Ardagna (1998, 2010) found that cutting government spending is not contractionary and that it may...
'Liberty for Whom?'
James Kwak: Liberty for Whom?, by James Kwak:...Corey Robin's fascinating article on nineteenth-century European culture, Nietzsche, and the economic philosophy of Friedrich Hayek..., in very simplified form, goes like this. For Nietzsche, and for other cultural elitists of late-nineteenth-century...
Vintage Krugman: Stating the Obvious
Don't say you weren't warned. This is Paul Krugman, just a few days under 10 years ago: Stating the Obvious, by Paul Krugman, Commentary, NY Times, May 27, 2003: "The lunatics are now in charge of the asylum." So wrote...
'Keynes on Laissez-Faire'
Gavin Kennedy follows up on a recent post from Brad DeLong on Keynes and laissez faire: Keynes on Laissez-Faire, by Gavin Kennedy: I read the Keynes quote below in Brad Delong’s Blog: As John Maynard Keynes shrilly stated back in...
Hall and Sargent: Fiscal Prioritization: Lessons from Three Wars
George Hall and Thomas Sargent advise Republicans who support the idea of debt prioritization to "ponder the actions" of presidents Hamilton, Madison, and Grant: Fiscal prioritisation: Lessons from three wars, by George Hall, Thomas J. Sargent, Vox EU: With the...
New Research in Economics: Self-interest vs. Greed and the Limitations of the Invisible Hand
This is from Matt Clements, Associate Professor and Chair of the Economics Department at St. Edward’s University: Dear Professor Thoma, Allow me to add to the flood of responses you have no doubt received to your offer to help publicize...
Bernanke: Economic Prospects for the Long Run
Chairman Ben S. Bernanke is an optimist when it comes to our long-run economic prospects (i.e. he does not endorse the notion that productivity is slowing). I'm with him. (This is a graduation speech Bernanke gave at Bard College at...
Fed Watch: 'Dollar Up' and 'Confidence Boom?'
Two from Tim Duy: First, "Dollar Up": Dollar Up, by Tim Duy: The Dollar continues to gain despite the supposed "Great Debaser" Federal Reserve Chairman Ben Bernanke bringing us multiple rounds of quantitative easing: Just sayin.... And second, "Confidence Boom?":...
'The Key Challenges Facing Central Bankers'
Narayana Kocherlakota on how he sees the balance between keeping interest rates low for an extended time period to help with the unemployment problem (the benefit) and potential financial instability that low rates bring (the cost). He doesn't give a...
'What about Marx?'
Dan Little: What about Marx?, by Dan Little: At various points since the death of Karl Marx in 1883 his work has been regarded as a dead issue -- no longer relevant, too ideological, methodologically flawed, too rooted in the...
Fed Watch: Busy Data Day
On Thursday's data: Busy Data Day, by Tim Duy: Something of a busy data day. Not all of it pleasant, but I suspect that the Fed will attempt to see through that unpleasantness. Start with the surprise jump in initial...
Fed Watch: Lumping Everything into the Wealth Effect
Another from Tim Duy: Lumping Everything into the Wealth Effect, by Tim Duy: After posting my review of Martin Feldstein's WSJ op-ed, I waded through Dallas Federal Reserve President Richard Fisher's latest speech and found this: The former outcome is...
New Research in Economics: Terrorism and the Macroeconomy: Evidence from Pakistan
This is from Sultan Mehmood. The article appears in the May edition of Defense and Peace Economics, which the author describes as "a highly specialized journal on conflict": Terrorism and the Macroeconomy: Evidence from Pakistan, by Sultan Mehmood, Journal of...
New Research in Economics: Robust Stability of Monetary Policy Rules under Adaptive Learning
I have had several responses to my offer to post write-ups of new research that I'll be posting over the next few days (thanks!), but I thought I'd start with a forthcoming paper from a former graduate student here at...
Kinsley's Howlers
Michael Kinsley tries to take on Paul Krugman, but ends up showing he really doesn't know what he is talking about. For details, see: Seven Howlers from Michael Kinsley's Very Misguided War Against Paul Krugman - Brad DeLong The worst...
Fed Watch: Dodged That Bullet
Tim Duy: Dodged That Bullet, by Tim Duy: I was reading Robin Harding's take on the possible nomination of Federal Reserve Vice Chair Janet Yellen for the top job at the Fed, and a chill went down my spine when...
'About That Debt Crisis? Never Mind'
Paul Krugman on the recent news that the deficit is falling: About That Debt Crisis? Never Mind, by Paul Krugman: OK, another toe dipped in reality. The new CBO numbers are out, and they scream “debt crisis? What debt crisis?”...