by Mike Kimel Update …Since this post has gotten a lot of attention, jump here for myfinal word on this topic. I’m sure I’m missing something here, because Paul Krugman is so often extremely perceptive, but I think here he is very, very wrong. He writes: The naive (or deliberately misleading) version of Fed policy […]
My mobile just got a call from a robotic “Amy” asking me to take a 30-second survey about “the nation’s debt crisis.” Since I don’t live in Greece and could care less about the magazine, I figured they had a wrong number and hung up.
until 3:00pm EDT. Link is here.
Today’s FT (front page, below the fold*) declares that Mark Carney “has been informally approached as a candidate” to head the Bank of England “in June next year.” He is currently governor of the Bank of Canada. It would be a good choice. As the speeches at the link above note, Carney is no fool, […]
by Mike Kimel From an article in the NY Times: Politicians sometimes say that lower tax rates lead to higher economic growth, which in turn leads to higher overall tax revenue. This may have been true in the early 1960s, when the top tax rate was 91 percent, but the top tax rate today is […]
One of the nice things about the Kauffman Foundation’s Blogger Conference is the time to let the mind wander and look at data after having your brain scoured. One of the worst things is realizing too late that you’ve got a Really Ugly Graphic, and most of the people who could help with it are […]
The above is a more-than-semi-serious question. I’ll be blogging/tweeting the Kauffman Foundation’s Bloggers’s Forum tomorrow from 9:30-3:30 EDT (8:30-2:30 here in Kansas City; 6:30-12:30 in DeLong/Thomaville; in Hawaii, they’re still watching Dave Garroway). You can tell it has reached maturity because tomorrow’s presenters include J. Bradford DeLong, Scott Sumner, Tyler Cowen, and Karl Smith—and that’s […]
Barry Ritholtz, who generally knows better, blew a gasket at ISDA for yesterday’s ruling that Greek bonds are not yet in default. Specifically, “The International Swaps and Derivatives Association said on Thursday that based on current evidence the Greek bailout would not prompt payments on the credit default swaps.” > Here is a question for […]
Not to borrow a page from Brad DeLong, but three days before the singer’s would-have-been-80th birthday and 67 years to the day after the events that made his subject famous…
Greg Sargent, whose Gatekeeper Job at Kaplan Prep Daily makes him somewhat important in determining the results of elections, cast a pale over my good mood about my dinner bet with Lance Mannion this morning:* Having trouble getting outraged with Romney campaign sending out only good parts of Det[roit] News endorsement. Seems like par for […]