Monday, January 27, 2014

James Tobin on Inflation and Unemployment

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Now that the Phillips curve seems to be back in vogue, the Tobin view of inflation and unemployment is relevant again. In 1971, James Tobi...
Tuesday, December 10, 2013

Ben Bernanke on the Length of the Great Depression

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In 1983, Chairman Ben Bernanke (then a professor at Stanford) wrote a paper titled Nonmonetary Effects of the Financial Crisis in the Propag...
Friday, November 22, 2013

Monta Python and the Holy Fail

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Monta Ellis has been playing phenomenally. Granted: we're only 12 games into the season. Whether or not Montaball continues to be a noun...
Friday, November 15, 2013

Health Spending Projections Understate ACA's Cost Controls

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Christopher Conover of the American Enterprise Institute is  not buying  the claim - from health economist and former Obama adviser David Cu...
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Friday, November 8, 2013

Rental-Backed Securities Pose Modest Threat

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Jody Shenn of Bloomberg  recently reported  that the private-equity firm Blackstone recently debuted bonds backed by rental properties. Davi...
Tuesday, October 22, 2013

CEA Weighs in on Government Shutdown

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Private firms have given their estimates on the effects of the government shutdown on GDP.  Macroeconomic Advisers  says 0.2 percentage poin...
Thursday, October 17, 2013

Technical Difficulties

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Here's an  informative post  by Simon Wren-Lewis on the difficulties that EU technocrats are having with calculating structural deficits...