Asset Reflux Disease: Explaining Koo to Krugman
…and loan payoffs “retire” money back into the hole. Got reflux? So yes: real-sector entities can all get rid of money at the same time. It’s called debt deleveraging, and…
…and loan payoffs “retire” money back into the hole. Got reflux? So yes: real-sector entities can all get rid of money at the same time. It’s called debt deleveraging, and…
…physicians what they already k new, Depakote was a very valuable medication for “off-label” (unapproved uses). In the irony department, prescribing and administering Depakote for off-label uses is legal, and…
…information about products’ energy use. Label is voluntary, and Congress ordered it The Energy Star label is voluntary for products that meet certain efficiency levels, and differs from Department of…
…of Bowie’s oeuvre had provided a level of patronage that’s inconceivable for a musician of Bowie’s bent today…he spent the Nineties as a free agent, jumping from label to label,…
…high cost of American health care. I begin by explaining the origin and meaning of the “single payer” label. I will then describe the two defects in S 1129 in…
…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…
…exports and domestic goods that compete with imports, boosting American production. The United States would get faster growth, an accelerated process of deleveraging, a quicker recovery, and a firmer foundation…
…zero or below, the unemployment rate is to remain high, and the household deleveraging process slower than would otherwise be if wages and disposable incomes were growing more quickly. The…
…household deleveraging cycle is very likely moving at snail-speed (see this article for a discussion of the link between consumption growth, income growth, and deleveraging for today’s commentary). Rebecca Wilder…
…here is, that the deleveraging cycle is heavily weighted on the household sector (the workers at the corporations) – if corporate profit gains do not translate into hiring and wage…