At its simplest, the new blockbuster study on rentals from the Joint Center for Housing Studies at Harvard, America’s Rental Housing; Evolving Markets and Needs, reads like an exercise in real estate economics. America has too manyShow More Summary
Mark Carney’s speech to the Economics Club of New York yesterday made clear that very low interest rates now ‘put a premium on macroprudential policies’. Translation: he’s not going to… Continue reading The post Carney may call for the end of Help to Buy sooner than you think appeared first on Spectator Blogs.
Third Way is afraid of left populism for same reason RW is afraid of ACA: not because they're sure it will fail, but cuz think it might work — billmon (@billmon1) December 9, 2013. I’m liking this new “economic populism” talk. Alex Pareene on “Why Elizabeth Warren baffles pundits“: … Most pundits writing about [Read more...]
On Wednesday, the Center for American Progress released three new papers on income inequality and the economy — the same day that the liberal think tank hosted a speech by President Obama on this very topic. Perhaps the most interesting paper … Continue reading ?
Every a.m., Mediaite publishes a primer of what the interweb machine is writing, talking, tweeting, and blogging about, so that you may fool friends and family into thinking you are a trove of information and insight. Today: new Snowden...Show More Summary
Pope Francis' blistering attack yesterday on the "tyranny" of unchecked capitalism in general and trickle-down economics in particular marks a fundamental shift in church thinking, writes Emma Green at the Atlantic. A half-century ago, the church largely condemned communism and embraced democracy, along with its underlying free-market system. The pope...
It appears that he is agin’ it (full document here). I’m not going to go into the wrongheaded economics here. Instead, what I think is curious about this document is a longstanding peeve of mine. Ever since the Galileo incident, theShow More Summary
A NATURAL BOOST?: A study reports that New Mexico would see sizeable economic gains should an LNG export deal pass. By Rob Nikolewski ? New Mexico Watchdog SANTA FE, N.M. — New Mexico‘s natural gas suppliers think getting the United States to “go big” on exporting liquefied natural gas would be a major boost for...
Over at the Prospect, David Callahan writes that a new critique of rising income inequality is starting to get some attention. It doesn't rely on arguments about fairness, but on arguments that high income inequality hurts economic growth: This...Show More Summary
Reihan faces America’s economic predicament: If the labor market position of less-skilled workers is going to get even worse in the coming decades, we have to think seriously about finding new ways to make work pay. For example, we could try to streamline the various benefits federal and state governments have used to raise incomes at […]
Paul Krugman, the liberal Nobel Prize-winning columnist for the New York Times, thinks California is making an economic comeback. He attributes this mostly to the Republican party’s steady decline in the state, which left Governor Jerry...Show More Summary
A new poll shows that Americans still think America is the world's dominant economic power, but not for long. Only 43% believe the US will...
This fall, an extreme minority in Congress made a massive miscalculation when they shut down the government at an estimated cost of $24 billion and threatened an even bigger economic crisis -- defaulting on our debt -- all in the name of repealing the president's health care law. Show More Summary
By Stephanie Kelton, Associate Professor and Chair of the Department of Economics at the University of Missouri-Kansas City. Cross posted from New Economic Perspectives Many economists (perhaps even those who agree with us) refuse to talk about the national debt and government deficits the way we do on this blog. Show More Summary
A new Business Insider-SurveyMonkey Audience poll has found that Americans know shockingly little about the budget, federal deficits and major top line economic indicators. We asked over 500 respondents to write in an estimate of several different statistics, including the minimum wage, w hich currently stands at $7.25 per hour. Show More Summary
I was thinking about this earlier today, or last night. Before the "Economic Traitor" bomb got dropped. During the French Revolution, the leftist (they were leftists) totalitarian government attempted to inflate away its problems by just printing up a crapton...
Matt Kahn: The New Yorker has rejected my cartoon caption several times but I think I have a funny one. Contest #399, October 14, 2013 Your Caption: I'm working on my knight moves. Trying' to make some front page drive-in news. via greeneconomics.blogspot.com I've left out the embarrassing part of...
With all bluster associated with the EPA's new power plant regulations, you might think they will deliver substantial emissions reductions at substantial economic cost to the coal industry. But a detailed regulatory impact assessment concludes they will have no costs associated with it. read more
A new Business Insider-SurveyMonkey Audience poll has found that Americans know shockingly little about the budget, federal deficits and other major economic indicators. Last week, we asked nearly 500 respondents to estimate several economic statistics, including the inflation rate. Show More Summary
I am here today: Finance and the Wealth of Nations Workshop Federal Reserve Bank of San Francisco & The Institute of New Economic Thinking 9:00AM - 9:45AM: David Scharfstein and Robin Greenwood (Harvard Business School), “The Growth of Finance”, Discussant:...