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Macroeconomics: The Illustrated Edition 27 Aug 2013 | 09:44 am
This post is meant to be a short summary of how to think about macroeconomics in terms of general equilibrium. During my conversations with Michael Darda this past summer, it became painfully apparent...
Religion and Monetary Policy: Is There a Difference? 26 Aug 2013 | 04:00 pm
Normal 0 false false false EN-US X-NONE X-NONE According to former Moody’s VP Chris Mahoney, certain religious groups are simply incapable of understanding monetary policy: Why is the Rig...
Can You Solve A Debt Problem With More Debt? 25 Aug 2013 | 09:05 am
It is often said — particularly in Austerian circles, and most recently by British Prime Minister David Cameron — that “you can’t solve a debt problem with more debt”. This is, I think, an entirely ....
Do Savers Need to be Saved? 24 Aug 2013 | 09:26 am
The Bank of England is following the Federal Reserve and the ECB in adopting forward guidance. Bank of England Governor Mark Carney announced that the Bank will not raise interest rates until the jobl...
Do Savers Need to be Saved? 24 Aug 2013 | 09:26 am
The Bank of England is following the Federal Reserve and the ECB in adopting forward guidance. Bank of England Governor Mark Carney announced that the Bank will not raise interest rates until the jobl...
30 year fixed rate mortgages are awesome 23 Aug 2013 | 11:52 am
My mom’s former house in Copenhagen, on which she had a 30 year fixed rate mortgage. Look up ISIN DK0009274144 on your local terminal to look up her bond and loan terms. Matt Yglesias writes about t...
Small states: a modest proposal 22 Aug 2013 | 08:30 pm
Dylan Matthews tweets, possibly facetiously: Yes, split all the states until they're all Wyoming's size: http://t.co/TK1bKH3rYX — Dylan Matthews (@dylanmatt) August 21, 2013 The gist of the article ...
What Determines the Return on Gold? 22 Aug 2013 | 03:10 pm
Gold glitters, but from an investment perspective it does little else. It is backed by neither cash flows (like stocks are) nor a value at maturity (like bonds are). It's just a metal that, historical...
A few words about math 21 Aug 2013 | 11:25 am
One more unhinged rant before I turn the blog over to the Not Quite Noahpinion super-team. When I was 15, I had an epiphany that changed my life. I had always been pretty good at math, but I found it...
Learn to stop worrying and love (moderate) inflation 21 Aug 2013 | 05:26 am
The Federal Reserve's unprecedented programs of Quantitative Easing have not, as many predicted, resulted in substantially increased inflation. But I view this as a failure of the policy, not a succes...
