|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||469|
|Posts / Week:||2.9|
|Archived Since:||February 8, 2011|
By James Kwak In White House Burning, there is a section on the rise and political influence of the conservative media. At one point, I looked up the top ten talk radio shows by audience. Nine of them were unabashedly right-wing, … Continue reading ?
By James Kwak President Obama’s 2015 budget proposes a number of tax increases that will mainly affect the rich. They include: Limiting the tax savings on deductions to 28 percent of the deduction amount (and applying this limit to exclusions … Continue reading ?
By James Kwak James Poterba wrote up a very useful overview of the retirement security challenge in a new NBER white paper. (I think it’s not paywalled, but I’m not sure.) He provides overviews of much of the recent research … Continue reading ?
By Peter Boone and Simon Johnson U.S. Secretary of State John Kerry arrived in Kiev on Tuesday. The Obama administration is feeling real pressure from across the political spectrum to “do something”, but the US has no military options and … Continue reading ?
By James Kwak I don’t often go to academic conferences. My general opinion is that at their best, sitting in a windowless room all day listening to people talk about their papers is mildly boring—even when the papers themselves are … Continue reading ?
By James Kwak I’m not qualified to comment on the internals of Bitcoin; I’m neither a programmer (OK, Alex, not much of a programmer) nor a computer scientist. But I do know that Bitcoin exists because of software that people … Continue reading ?
By James Kwak Mixed in with blogging about this, that, and the other thing, it’s nice to occasionally write on a topic I actually know something about. 401(k) plans and the law surrounding them were the subject of my first … Continue reading ?
By James Kwak It seems obvious. Yet it’s often lost, both by the scolds who lecture Americans for not saving enough and by the self-appointed personal finance gurus who claim that anyone can become rich simply ye saving more (and … Continue reading ?
By James Kwak Before 2006, people used to talk about the Greenspan put: the idea that, should the going get rough in the markets, Chairman Al would bail everybody out. But there’s something even better than having the Federal Reserve … Continue reading ?
By James Kwak Over on Twitter, Matt O’Brien wrote: “Why are people mad at Wall Street, & not Silicon Valley, pay?” is a piece that doesn’t include the word “bailout” http://t.co/kqmWH276Gi — Matt O’Brien (@ObsoleteDogma) February 19, 2014 That inspired … Continue reading ?
By James Kwak As I previously wrote on this blog, one of my professors at Yale, Ian Ayres, asked his class on empirical law and economics if we could think of any issue on which we had changed our mind … Continue reading ?
By James Kwak That’s what Jesse Litvak’s lawyer said at the start of his trial earlier today. And technically speaking, it’s true. If you’re trying to sell a bond to a client, and during the course of the conversation you … Continue reading ?
By James Kwak Nicholas Kristof’s ill-conceived diatribe against the supposed self-marginalization of academics has come in for a fair amount of criticism, notably from Corey Robin. The most obvious problem with Kristof’s argument assertion is that anywhere you look in … Continue reading ?
By James Kwak It’s been more than five years since the peak of the financial crisis, and it seems clear (to me, at least) that not much has changed when it comes to the structure of the financial sector, the … Continue reading ?
By James Kwak If I write about a legal matter on this blog, it usually involves battalions of attorneys on each side, months of motions, briefs, and hearings, and legal fees easily mounting into the millions of dollars. That’s how … Continue reading ?
By James Kwak Floyd Norris says some sensible things in his column from last week on the retirement savings problem: Defined benefit pensions are dying out, killed by tighter accounting rules and the stock market crashes of the 2000s. Many … Continue reading ?
By James Kwak... (source), and Medicaid is more than one-third of Alabama’s budget (same source), what is Alabama doing with all the Medicaid money it gets from the federal government?
By James Kwak The Wall Street Journal reports that the federal financial regulators may yet again carve a loophole in the Volcker Rule. This time, the issue is whether banks subject to the rule’s proprietary trading prohibitions can hold collateralized … Continue reading ?
By James Kwak So, we have eleven aircraft carrier groups. No other country in the world has more than one. Everyone who has looked at the issue has agreed that we could do with fewer than eleven while still achieving … Continue reading ?
By James Kwak People keep asking why no senior executive has gone to jail for the misdeeds that produced the financial crisis—and cost the United States more than $6 trillion, or $50,000 per household, in lost economic output. The usual … Continue reading ?