Below is a video released by the Kauffman Foundation about bloggers in the econ and finance space. The video shows that our space is really catching on and garnering ever more readership and credibility.
This clip runs about 20 minutes and features Tyler Cowen and Mark Thoma, two well-known academics who also have top economic [...]
Economics's archives
Economic Bloggers in the spotlight
Aug
Minsky: Turning neoclassical economics on its head
Jul
This post is going to be a bit wonkish. I apologize for those of you who are not economics geeks. Hopefully, you will find it interesting nonetheless.
At the urging of my good friend Marshall Auerback, I have been looking into the Minskyian twist to the neoclassical view of the world. Economists who follow Hyman Minsky [...]
1,811 views
Is quantitative easing really inflationary?
Jul
On numerous occasions you will have heard me use the term ‘monetizing debt’ to describe what happens when the central bank creates money out of thin air in order to increase reserves in the banking system. The central bank is certainly increasing the monetary base in this regard, but are they really monetizing the debt [...]
702 views
How about Gold-backed IOUs for Ireland?
Jul
The bloggers at bloggers at UMKC’s economics blog have been making the case that California’s IOUs are a currency. Randy Wray’s entry last Monday was particularly provocative because he suggests a movement to loosen national government power is supporting similar moves in other jurisdictions. Wray writes:
Some commentators have argued that the proposed California "warrants" are [...]
244 views
Janet Tavakoli: C-Span Q&A
Jul
Below is a very good hour-long interview I spied earlier today with Janet Tavakoli, the author of a new book ”Dear Mr. Buffett.” Hat tip Zero Hedge.
I also linked out earlier today to a piece she wrote over at CNN on “What Wall Street owes you.” Take a look.
Source
C-Span Q&A, 19 April 2009 Transcript
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Popping bubbles
Jul
I saw this post with cool pictures on popping bubbles and I thought about Alan Greenspan. Sir Alan says you cannot recognize bubbles until after they have burst. I think that’s nonsense – certainly in the case of the “Great Credit Bubble.”
Here’s a quote from the article for you inspired by the former Fed Chairman:
“…bubbles. [...]
S.F. Fed chief Yellen tells inflationistas to pipe down
Jul
Of late, there have been a lot of worries about he potential for inflation in the U.S. Marc Faber is the most noted pundit in this regard. Over-the-top comments he made back in May about hyperinflation in the U.S. may have been a catalyst for all of the inflation talk. See my post Marc Faber: [...]
A conversation with Richard Posner on Charlie Rose
Jun
Posner is touting his new book “A Failure of Capitalism: The Crisis of ‘08 and the Descent into Depression.” This video with Charlie Rose runs just under 25 minutes.
A conversation about the growing fiscal deficit on Charlie Rose
Jun
Alan Blinder, David Leonhardt, and Alan Auerbach talk about deficits. Leonhardt had a well-regarded piece in the New York Times on the issue linked below.
There are two basic truths about the enormous deficits that the federal government will run in the coming years.
The first is that President Obama’s agenda, ambitious as it may be, [...]
The psychology of economic forecasting
Jun
Submitted by Edward Harrison of the site Credit Writedowns.
During the last generation, the economics profession has veered toward a ‘science’ model of economics and finance. The intellectual underpinnings for this development began with the Efficient Market Hypothesis (EMH) and has continued in no small measure due to what is often termed ‘University of Chicago School [...]
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