In a series of articles brought to my attention today, Matthew C Klein has been building the case for separating lending institutions from depository institutions. In Klein’s… Read more “One M2 to Rule Us All”
Month: March 2013
Market Monetarism at AEI
David Beckworth, Scott Sumner, and Ryan Avent discuss market monetarism at the American Enterprise Institute.
Notes on Currency and Recession
First up, Matthew Yglesias reports on the situation in Cyprus: That’s not to say that departure from a currency union is the only scenario in which capital… Read more “Notes on Currency and Recession”
Paul Krugman Forgot His Economist Hat
I’m excited, because today I get to catch Paul Krugman red handed criticize Paul Krugman, which is a very rare occurrence, indeed! In responding to John Cogan… Read more “Paul Krugman Forgot His Economist Hat”
The EU is What Ails Britain
Late, as usual, but writing in the Financial Times on Wednesday, Chris Giles makes a very strong case against the view that austerity is what is hurting… Read more “The EU is What Ails Britain”
When the Tough Get Cutting
Matthew Yglesias comments today on the Tax Policy Center’s report about the budgetary implications of Paul Ryan’s new budget. In general, it produces a budgetary hold of… Read more “When the Tough Get Cutting”
There’s Nothing New Under the Sun
“The thing that hath been is that which shall be; and that which hath been done is that which shall be done; and there is no new… Read more “There’s Nothing New Under the Sun”
Where is the Last Straw?
A country is not a household. Wait, back up. Let’s make that statement more clear. It is unlikely that an individual household has the reputational capital and… Read more “Where is the Last Straw?”
Solutions: Everybody Has One
NOTE: During an edit, I completely mangled this post, and the previous one was eaten by the internet…I’m trying to get it back together, so forgive me… Read more “Solutions: Everybody Has One”
Noah Smith on Wealth and Inequality
Noah Smith has a new piece in The Atlantic today about wealth distribution (yes, it has to do with that dumb video). The refreshing part is, Noah’s… Read more “Noah Smith on Wealth and Inequality”