Remember the argument that we shouldn’t tax people because they’ll just move elsewhere? The British government appears not to believe it. Will the Geithner/Summers axis continue lying that “we can’t…

…is this any different? It isn’t. But why is this any different that the pandering to Goldman that you have been applauding for the entire Paulson/Geithner/Summers maiming of Main Street?…

…would be Used for Good and the System would be Fixed—a venial sin at the most.) The fact that Geithner/Summers and PBandit/Lewis are “haggling over the price” means there is…

…you have never missed an airplane, you are going to the airport too soon (a view expressed by one Lawrence Summers). For the rest of us, it is vital that…

rdan Jeffrey Sachs at Huffington Post has a good take on Geithner and Summers as well….

…discussion led by the President regarding results of the five breakout groups. Pooled press. Breakout sessions. Health: Orszag, Melody Barnes, Sec. Shinseki Tax: Geithner, Volcker Social Security: Romer, Summers Contracting…

…far from fundamentals (shown by Shiller and Summers ages ago). Also I’m not sure that any socially useful purpose is served by knowing exactly what bonds are worth. I’d say…

…not GNP, because almost no money is used to lubricate investment or government consumption. This was proven by Mankiw and Summers in 1987. Here is a link to SSRN where…

…(5). I think the (3) in the quote is just a typo. In any case, I don’t think Obama or Romer or Summers believes in Ricardian equivalence so they have…

…market is less liquid and therefore considers information more valuable. This is effectively the corollary of the DeLong, Shliefer, Summers and Waldmann papers: if you can’t depend on momentum trading,…