Not Since Mother Courage and Her Children…*
At a high level, Floyd Norris explains it all to you. UDATED, AND PULLED TO THE FORE: For the more detailed view (h/t Barry R.), the soon to be late,…
You searched for: label/21st Century economic philosophy
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Documentation of a minor disruption: Lehman won’t return “billions” of frozen prime-brokerage assets “in the short term,” said PricewaterhouseCoopers, administrator for the Lehman bankruptcy. Meanwhile, several hedge funds are planning…
Maybe he SHOULD try "I Am Not a Schmuck"?
Kathryn finds a gem. (title ref)…
Because this worked so well last time…
Via Drs. DeLong and Black, the WaPo reports that this version of the S&L crisis will repeat the mistakes of the last one: Instead of giving each company a big…
Brad DeLong Lets the Cat Out of the Bag
Responding to EconomistMom, he ends his breakdown of flows with: Aiming for a balanced unified deficit over the business cycle would, I think, be a good thing economically–but I really…
I Miss All the Best Television
Go. Read. Express Sympathy. Suggest he to donate the speaking fee to CEPR or the EPI….
The Last Word on The 300
From me, at least, goes to Hilzoy and the off-my-reading-list-for-politics Obsidian Wings: while I’d ordinarily assume that economists signing on to “John McCain’s plan” were signing on to the actual…
Opportunity. Costs.
Tyler Cowen takes a premise of Arnold Kling’s: My guess is that most of the younger (aged 30-34) highly-educated folks are children of two highly-educated parents. My guess is that…
The Race is on?
Will post-autistic economics review (who have, sadly imnvho, renamed themselves “real-world economic review) or The Economists’ [sic] Voice be the first to publish Robert Waldmann’s paper (a readable version of…
Two Posts Everyone Needs to Read
There are things that economists “know” that (let us be nice; economists, sometimes understandably, have delicate sensibilities) are not demonstrably true, and other things that economists Of A Certain Age…