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Why would tapering hurt Indonesia? 27 Aug 2013 | 07:28 am
Tyler Cowen has a new post discussing the financial strains in developing Asia. At the end he suggests that some of their problems are due to expectations that the Fed will taper QE. I doubt that play...
Random observations 26 Aug 2013 | 05:33 am
I’m still relying on my iPad, hence this will have to be short. I’ll have more to say on both issues when I return home. 1. Evan Soltas has a very important post on unemployment comp in North Carolin...
Where Obama went wrong 22 Aug 2013 | 02:19 am
In the previous post comment section Jim Glass provided me with this quotation from President Obama: “I want a Fed chairman that can step back and look at that objectively and say, let’s make sure th...
Caplan bet bleg 20 Aug 2013 | 12:37 am
Bryan Caplan sent me the following question: Bill Dickens wants to bet me that looser Japanese monetary policy won’t boost Japanese NGDP. What victory conditions should a market monetarist consider ...
Interest rates are always and everywhere a horrible guide to the stance of monetary policy 18 Aug 2013 | 11:15 pm
Here’s Paul Krugman: But in the world we’ve been living in this past quarter-century or more, inflation expectations haven’t moved much, and nominal interest rates have, in practice, been a pretty go...
I’m glad Krugman wrote this post, so I didn’t have to. 18 Aug 2013 | 02:07 am
As usual, Paul Krugman gets right the the essence of the problem: Actually, Tobin-Brainard is to many of the controversies that swirl around banks and money as IS-LM is to controversies about interes...
Kevin Erdmann on LFPR 17 Aug 2013 | 07:13 am
Here’s Kevin Erdmann (aka kebko): Here is the forecast, appended to actual past LFP rates (in blue): . . . . . . . . . . . . . . . . . . The most important thing to note here is th...
What’s wrong with lion? 16 Aug 2013 | 07:58 pm
. . . as long as the public believes it’s true? I’m disgusted with the Western media, the way they keep picking on China. Henan is a poor, heavily polluted inland province of 90 million people. ...
The “new claims” puzzle 15 Aug 2013 | 08:20 pm
The new claims for unemployment this week was a shockingly low 320,000, bringing the 4 week average down to 332,000 335,000 , which is the lowest since October 2007. This graph shows the ratio of th....
America’s approaching multiracial nightmare 15 Aug 2013 | 05:29 am
As I mentioned before, when a blogger is on vacation he has the bizarre feeling that readers back home will be interested in his political/social/economic musings about his new location. A few weeks ...
