…Noise Traders. Robert will be surprised today. Update: Link corrected from pdf to html, which is not as easily read. Named authors are Brad DeLong, Andrei Schliefer, Lawrence Summers, Robert…

…problem is simple, Stiglitz is not a team player. You ask and Summers is he a team player ? The answer is clear — yes if the team is an…

rdan Big Think has a video clip on Lawrence Summers and the current crisis. Note that home loans becomes the center of the storm. Of course, understanding value by the…

…makers ignore calls for a repetition of the failed 2001-2003 Bush tax cuts and adhere to sound economic principles as described by Summers and Orszag. Even worse would be calls…

Right to know hearings for contamination of local water resources. Dr. Summers, from the Maryland Department of Environment, explained how Maryland’s strong monitoring and notification requirements had helped quantify problems…

…involving cruise ships, which are already starting to operate in summers in parts of the Arctic Ocean. And in yet a further kind of new activity abetted by warming seas,…

…must have tax increases, the VAT would not be one of my choices, for the reason Summers predicts – I fear it will generate so much revenue as to accelerate…

…subject of “Simulating U.S. Tax Reform”by David Altig, Alan Auerbach, Laurence Kotlifkoff, Kent Summers, and Jan Walliser (NBER Working Paper # 6248, Oct. 1997, with an early version available here)….

…and small businesses, hurting economic recovery and future job creation. I’m sure Brad DeLong can confirm that this is the kind of thing that, in the Rubin/Summers Treasury Department —…

…something through now. Europe has not been in a liquidity trap all those decades. Now if “long run” is defined as “a milenium” then we Blanchard and Summers (1986) didn’t…