Eugene White, one of the greatest economic historians I can think of, tells the story of Glass-Stegall. Also in this series, and by a guy named White:… Read more “Shoot Yourself in the (Glass) Foot? Blame a Guy Named Steagall.”
Tag: Robert
The General Theory of Second Best
One of the most powerful tools that has ever been handed to leftists as far as economics goes is Lipsey and Lancaster’s “General Theory of Second Best”… Read more “The General Theory of Second Best”
Assorted Links
I didn’t get much news intake done today, at least not as much as I’d like. Monetary Policy: Rules vs Discretion. I think you probably know where… Read more “Assorted Links”
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)”
A Bleg.
I’m wondering why Robert Shiller gets to write things like this (and presumably get paid for it): We expect our political leaders to manage the level of… Read more “A Bleg.”