(March 25, 2009 09:27 AM, by Arnold Kling) All pointers courtesy of the indispensable Mark Thoma. First, Hernando de Soto writes, These derivatives are the root of the credit crunch. Why? Unlike all other property paper, derivatives are not required by law to be recorded, continually tracked and...
(March 2, 2009 08:44 AM, by Arnold Kling) Tim Duy: For Bernanke and Geithner, there are no bad assets. Only misunderstood assets. Read the whole thing, and follow the link to Yves Smith. Thanks to Mark Thoma for the pointer. Tyler C... Read Post
Re-posted from Economist’s View, Mark Thoma points to Arnold Kling 'Is the Demand for Skill Falling?' who points to this this NBER paper: Is the Demand for Skill Falling?, by Arnold Kling: Paul Beaudry, David A. Green, and Benjamin ... Read Post