Things to Read for Your Morning Procrastination on January 14, 2016Over at Equitable Growth — The Equitablog:Heather Boushey: The State of the Union: a Rorschach Test* Barry Eichengreen: Reforming or Deforming the Fed?
A Semi-Platonic Dialogue About Secular Stagnation, Asymmetric Risks, Federal Reserve Policy, and the Role of Model-Building in Guiding Economic Policy
Things to Read for Your Lunchtime Procrastination on December 23, 2015Over at Equitable Growth — The Equitablog:Nick Bunker: What explains the rise in college tuition in the United States?The Six Major Adverse Shocks that…
Things to Read for Your Morning Procrastination on December 17, 2015Over at Equitable Growth — The Equitablog:Nick Bunker: What the Fed’s method of raising interest rates reveals about the state of the global economy — Equitable Growth
The Archives: December 12, 2015Smart people who can teach you things who you should intellectually engage with! The highly-estimable Nick Rowe! Scott Lemieux! Chad Orzel!Plus many people… most of them right-wing… who really have no place in any public sphere focused on reality…
Hoisted from the Archives from a Year Ago: On Paul Krugman and His “Notes on the Floating Crap Game”Hoisted from One Year Ago: On Paul Krugman and His “Notes on the Floating Crap Game”: Paul Krugman appears to be suffering a crisis of confidence with respect…
At What Time Scale, If Any, Does the Long Run Come?Over at Equitable Growth: Paul Krugman: Is The Economy Self-Correcting?: “Brad DeLong… has this wrong……The proposition of a long-run tendency toward full employment isn’t a primitive axiom in IS-LM. It’s derived…
What Is the Free-Market Solution to a Liquidity Trap? Higher Inflation!Over at Equitable Growth: Two seventeen-year old quotes from Paul Krugman (Paul R. Krugman (1998): It’s Baaack: Japan’s Slump and the Return of the Liquidity Trap, Brookings Papers on Economic Activity 1998…