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Economist's View
Links for 05-24-2013
The case for 4% inflation - Laurence Ball It’s Not About You - Paul Krugman Michael Kinsley's Repeated Factual Errors - Brad DeLong The Liquidity Trap and Macro Textbooks - mainly macro America's Frogs and Toads Disappearing Fast - Scientific...
From: Economist's View | By: Mark Thoma | Friday, May 24, 2013
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Paul Krugman: Japan the Model
If Abenomics works, it could help to overcome the "economic defeatism" that has overtaken policymakers in the US and other countries: Japan the Model, by Paul Krugman, Commentary, NY Times: A generation ago, Japan was widely admired — and feared...
From: Economist's View | By: Mark Thoma | Friday, May 24, 2013
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Fed Watch: Bernanke Saves the Day
Tim Duy: Bernanke Saves the Day, by Tim Duy: There was some initial consternation yesterday after Federal Reserve Chairman Ben Bernanke gave the clarity we were hoping to see. From Reuters: "If we see continued improvement and we have confidence...
From: Economist's View | By: Mark Thoma | Thursday, May 23, 2013
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Fed Watch: More Fed - It Never Ends
Tim Duy: More Fed - It Never Ends, by Tim Duy: Bloomberg is carrying an interview with San Francisco President John Williams. Williams reiterates the possibility that future policy moves may be up or down: “Even if we do adjust...
From: Economist's View | By: Mark Thoma | Friday, May 24, 2013
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'Not Too Late for the Social Credit Helicopters!'
This is the kind of thing I had in mind when I called for bold, creative proposals from the Fed to address the unemployment problem. Via Brad DeLong: Duncan Black: Eschaton: Not Too Late For The Helicopters: A big tragedy...
From: Economist's View | By: Mark Thoma | Thursday, May 23, 2013
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INET Hong Kong: The RMB and the Future of Asian Finance
From: Economist's View | By: Mark Thoma | Thursday, May 23, 2013
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Links for 05-23-2013
Measure it however you like: inflation has been low and falling - FT Alphaville Time Regained! (Physics of time) - The New York Review of Books Not too Late for the Social Credit Helicopters! (Bold, Creative) - Brad DeLong Another...
From: Economist's View | By: Mark Thoma | Thursday, May 23, 2013
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'Stop Celebrating Our Falling Deficits'
Ezra Klein is correct: Stop celebrating our falling deficits: It’s time to stop celebrating last week’s Congressional Budget Office report. Our deficits aren’t dropping because we’re doing something right. They’re dropping because we’re doing...
From: Economist's View | By: Mark Thoma | Wednesday, May 22, 2013
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Bernanke's Leadership a Critical Factor for Fed Policy
I have a few comments on Bernanke's testimony this morning at CBS MoneyWatch. The bottom line: ... Battling the inclination to exit too soon is the most important challenge that the Fed faces. I think Bernanke understands this, and his...
From: Economist's View | By: Mark Thoma | Wednesday, May 22, 2013
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'Clever Counterintuitiveness' is often 'Sloppy and Ill-informed' ...
Paul Krugman on "the famed TNR/Slate premium on being 'counterintuitive', which in practice meant skewering supposed liberal pieties": if you went back through all the clever counterintuitiveness of past years, you’d find that a lot of it was every...
From: Economist's View | By: Mark Thoma | Wednesday, May 22, 2013
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Links for 05-22-2013
In Europe, a Fed President Urges Quantitative Easing - NYT BoJ holds off on fresh monetary easing - FT.com The Hidden, Unexpected Public Costs of a Stadium - Sports Economist Lessons at the Zero Bound from Japan and the US...
From: Economist's View | By: Mark Thoma | Wednesday, May 22, 2013
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Fed Watch: And Then There is Bernanke
Tim Duy: And Then There is Bernanke, by Tim Duy: Lots of Fed chatter in the last week. For openers, some background from Reuters: It decided on May 1 to keep buying at an $85 billion monthly pace, and many...
From: Economist's View | By: Mark Thoma | Tuesday, May 21, 2013
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'The Climate Skeptics Have Already Won'
Martin Wolf: Humanity has decided to yawn and let the real and present dangers of climate change mount. ... Judged by the world’s inaction, climate skeptics have won..., however rational it may be to seek to lower the risk of...
From: Economist's View | By: Mark Thoma | Tuesday, May 21, 2013
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