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Things an Economist Cannot Say in Crawford

…to dump their dollar assets on a large scale. Let me start by noting a couple of things that Bernanke briefly mentioned that the average Joe might understand. As I…

Accounting 101 for Donald Luskin

…the appropriately terminology and then one has to know how to apply these concepts to real world data. Brad is noting that Luskin has skipped the freshman college lecture on…

A Regulatory Substitute to Burst Housing Bubble?

…behavior of stock prices.” Bruce Bartlett, Senior Fellow at the National Center for Policy Analysis agreed with Kwan, while noting: “… advocates of higher margin requirements, such as economist Robert…

On the Temporary Increase in Tax Revenues

Hat tip to Brad DeLong for noting the analysis from Richard Kogan and Isaac Shapiro who write: The trimming of the deficit is certainly a positive development. But this development…

US Oil Imports

…the US now spends close to $20 bn per month on imported oil, roughly double the average of just two years ago. But it is worth noting that US oil…

Increase in the Dividend Yield and the Samwick Effect

…slows, the payout ratio increases but stock valuations decline. Ms. Richards argues that stock valuations may increase – and her argument drifts from noting lower earnings growth to a suggestion…