…The Great Vampire Squid) were paid in full, because Tim Geithner and Larry Summers want a veto-proof Republican majority by 2012, if not 2010.** Pensioners, otoh, are subject to “moral…

…Having been on the seller’s side of the table for a while now I have a different perspective. It is good that we have lawyers and Larry Summers to provide…

…principal agent problem and does a little tiny bit to solve it. Advantage 2 is really a cost. The eggplant wedding cake analogy is excellent (although a student of Larry…

…from Larry Summers. Which may be, on the other hand Liebman subsequent to that advice from Barkley landed as one of Orzsag’s top level deputies as the Executive Associate Director…

…attempt to sell ‘the regulators’ (like Larry Summers, Geithner and Bair) as having a serious intention to rein in the excesses of the large banks. When you read: “Government officials…

…Krugman said that Larry Summers “is right” in his assessment that the sense of the economy falling of the table was likely ending. Now, Krugman went on to qualify this,…

…Tim Geithner and Larry Summers—with the support of Some Economists who Should Know Better—are ensuring that any damage to the real economy is not felt in the financial sector. Welcome…

…Act that started the no-prime fad. And Larry Summers, Pres. Obama’s chief economist, has never mentioned the trade deficits. They are likewise no problem to most economists, just to workers….

…Prescott long before, say, Larry Summers or Brad DeLong. I’m not surprised by the recent contributions of fresh water economists to the policy debate. For one thing, many fresh water…

…economic activity and don’t introduce innovations like, say, unemployment insurance). Leading fresh water macroeconomists include Robert Lucas, Ed Prescott Thomas Sargent, Lars Hansen, John Cochrane, Larry Jones, Robert Barro (mostly),…