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Coal Combustion Residuals

rule. The official rule will be available here as soon as it is published by the Federal Register Office. The support materials for this rule and the public comments EPA…

The Fed’s moving target: NAIRU

…be very much in flux. A simple Taylor Rule estimation illustrates this point. Note: The Taylor Rule is a policy rule that relates the federal funds target to inflation and…

Gang of Six, Regular Order & the Johnson Treatment

…Under the Rules of the Senate a bill that has stalled in Committee can be in effect extracted from that Committee by any Senator invoking Rule 14 (link and explanation…

Oil Price Speculation

…demand curves ? After the jump I wonder. update: Well that was quick. Rule number 1 never debate Paul Krugman. Rule number 2 when Krugman seems to be wrong, look…

The Wrong Crisis

…on their balance sheet at market prices. Banks appear to have negative equity (debt greater than assets) because of this silly rule. This caused the crisis. This seems to be…

…traditional rule that requires two-thirds of the Senate to agree to debate a bill. Democrats argue that the two-thirds rule is vital in protecting the representation of political and racial…