If we were more philosophically aligned, I think Matthew and I would hold very similar policy views, indeed: …This is pie-in-the-sky, but I think that if Congress… Read more “Matthew Blanchard? Niklas Yglesias?”
Tag: Reserve
Pleasantries
It is not often that I agree with the the way Paul Krugman envisions the world, at least superficially — or through the lens of politics. However,… Read more “Pleasantries”
Sentences to Ponder
This is from an argument by Kevin Drum about the size of banks: It’s true that I think trying to break up big banks is politically unfeasible,… Read more “Sentences to Ponder”
Liquidity Traps are for Suckers
I intend this to be a two part series: the first will outline some recent commentary on liquidity traps and how taken together, the signify a larger… Read more “Liquidity Traps are for Suckers”
Take That Job and Shove It!
Christina Romer looks to have rejected a position at the Federal Reserve in favor of remaining at the Council of Economic Advisors: “I love my current job… Read more “Take That Job and Shove It!”
Against Giving the Fed Regulatory Responsibility!
Seems that the financial “reform” bill that is winding is way through the Senate to a swift death is being held hostage to the whims of Senator… Read more “Against Giving the Fed Regulatory Responsibility!”
Steel Reserves
For everyone who was on the edge of their seat waiting for this Wednesday to check out the excess reserve balance at the Fed, waiting for the… Read more “Steel Reserves”
The Output Gap…ing Hole
From the Federal Reserve Bank of San Fransisco released a chart comparison between actual RGDP and the potential RGDP trend. Needless to say, the implication is very… Read more “The Output Gap…ing Hole”
Models vs. Markets (Reply to DTM)
DTM remains unconvinced of my macro narrative, citing a few specific areas where he disagrees with me. From his comments: I don’t think it is possible to… Read more “Models vs. Markets (Reply to DTM)”
Stimulus Counterfactual
Imagine that there was no hope of a fiscal “stimulus” package ever passing, and instead, the entire responsibility of stabilizing the macro-economy rested on the shoulders of… Read more “Stimulus Counterfactual”