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It Don't Mean Much, These Seats are Cheap.

It Don't Mean Much, These Seats are Cheap.

Month: February 2013

Slow Recoveries Cause Financial Crises

No, you didn’t read that title wrong. In this post I hope to outline the argument against the view, popularized by Reinhart, Reinhart, and Rogoff, that recoveries… Read more “Slow Recoveries Cause Financial Crises”

February 28, 2013February 28, 2013 by Niklas Blanchard

Master of Noance

I understand that Paul Krugman is very busy as a globetrotting econopundit and teacher, so I can see why he skims. But he surely must know, having… Read more “Master of Noance”

February 27, 2013March 2, 2013 by Niklas Blanchard

Ben Bernanke Invalidates My Views on the Sequester

I am on record on Facebook, and on this blog claiming that the sequester is a non-event given proper monetary accommodation. I still believe this, 100%… …however,… Read more “Ben Bernanke Invalidates My Views on the Sequester”

February 26, 2013 by Niklas Blanchard

Pure Monetary Exchange

JP Koning has a interesting post discussing the extent to which modern economies are “pure monetary exchange” economies. His key point is that money is not homogeneous… Read more “Pure Monetary Exchange”

February 26, 2013February 26, 2013 by Niklas Blanchard

Medical Billing

As a companion to the Time cover story, feel free to peruse Millman’s US Organ and Tissue Transplant Cost Estimates. Hint: Transplants are pretty darned expensive. [Source]… Read more “Medical Billing”

February 22, 2013February 23, 2013 by Niklas Blanchard

Market Monetarism at the G20

A proposal for the monetary authorities to adopt a target of nominal GDP, aired by Bank of England Governor-designate Mark Carney in December, was discussed on the… Read more “Market Monetarism at the G20”

February 22, 2013February 22, 2013 by Niklas Blanchard

Lower Costs by Fiat

The cover story in today’s Time magazine is extremely long, and comes to the conclusion that I, and really anyone who is serious about analyzing health policy… Read more “Lower Costs by Fiat”

February 22, 2013February 22, 2013 by Niklas Blanchard

#MinWage and Employment

Considering other income support measures, I don’t think that any disemployment effects of the minimum wage are “worth it”, but that is the right debate to be… Read more “#MinWage and Employment”

February 20, 2013February 20, 2013 by Niklas Blanchard

The Actually Important Chart

Throughout the blogosphere, you are no doubt going to see this chart from Janet Yellen’s lauded speech on what is holding back the recovery. Ignore it. The… Read more “The Actually Important Chart”

February 19, 2013February 19, 2013 by Niklas Blanchard

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