Luskin On Krugman Before Don Learned to Read Solow or Anything Else
Paul Krugman writes in his latest New York Times oped: To get a 6.5 percent rate of return, you need capital gains: if dividends yield 3 percent, stock prices have…
Paul Krugman writes in his latest New York Times oped: To get a 6.5 percent rate of return, you need capital gains: if dividends yield 3 percent, stock prices have…
…the answer to the question posed above. US capital markets are larger, deeper and more competitive than the European capital market(s). Take mortgage lending for example: the US has transformed…
…considering the imposition of capital controls to slow down the euro’s appreciation against the dollar. Capital controls in this case would presumably limit the amount of European assets (e.g. stocks,…
…true, so with the help of Google I found the exact quote (near the end): “Baghdad was liberated in less than a month, possibly the fastest march on a capital…
…“capital” as if it were some undifferentiated, homogeneous or vaguely contiguous lump of real and financial capital.) Here’s what you need to know to sort that out: You know that…
…with more cash for casino capitalism bets and takeover gambles. As John Kominitsky, a commenter on the blog, notes “This is the “capital” Wall Street sucks up to fuel their…
…consumer has a long-term weakening of purchasing power on balance. Here is a conceptual equation for inflation. Inflation = (unit labor cost – labor share)/(utilization of labor and capital). According…
…The deep capital stock of the economy — including fixed capital, organizational capital, and what Arnold Kling describes as “patterns of sustainable specialization and trade” — was simply unprepared for…
…of labor and capital (the factors of production), labor share (a measure of consumption liquidity) and an inflation target. F = z * (T2+L2) – (1-z)*(T+L) – i F =…
A comment by Arne in a previous post raised the idea that a tax transfer from capital to labor would raise the effective demand limit. So a video was made…