All Economics Posts

Page 10 of 2167

links for 2009-07-30

Pot calling kettle black? - Brad Setser Credit Default Swaps, Friend or Foe? - Economic Recovery Digest The Financial Truth Commission - NYTimes.com Lou Dobbs: Public Embarrassment - TIME.com High-frequency… Read more »

"How Wars, Plagues, and Urban Disease Propelled Europe’s Rise to Riches"

[Note: Travel day today, so I am letting things that are posted do most of the talking. I'll add what I can along the way. Update: Off to a great… Read more »

"Why had Nobody Noticed that the Credit Crunch Was on its Way?"

A letter to the Queen attempting to explain why economists missed the financial crisis: Her Majesty The Queen Buckingham Palace London SW1A 1AA MADAM, When Your Majesty visited the London… Read more »

Exchequer Tallies

The "first experiment with derivative financial instruments": Theory of Games and Economic Misbehavior, by George Dyson, Edge: ...There are numerous precedents for [the derivatives now haunting us]. As early as… Read more »

"Deep Recession Calls for Healthy Dose of Fiscal Stimulation"

A colleague, George Evans, discusses the need for aggressive policy to combat the recession: Deep recession calls for healthy dose of fiscal stimulation, by George Evans, Commentary, Register Guard: ...The… Read more »

We Need Jobs

Following up on some of the issues raised in the post above this one, here's a quote from today's NY Times that summarizes my view on whether we should intervene… Read more »

Global Rebalancing

Free Exchange says "many of the things you know about China are wrong": Many things that you know about China are wrong, Free Exchange: If you think you understand the… Read more »

"The True Value of Economists"

Another response to the Queen: Royal flush, by Robert Shrimsley, Commentary, FT: Madam, When you visited us last year you asked why economists were so useless – although you were… Read more »

Bonderdämmerung

“You don’t take a very responsible job at a time like this and jump after eight months to make money in the private sector.” - Anonymous ‘Senior City banker’ quoted… Read more »

Too many c(r)ooks

“You’re not only wrong. You’re wrong at the top of your voice.” - John J. Macreedy (Spencer Tracy), ‘Bad Day at Black Rock’. The seemingly vampiric permanence of the investment… Read more »