Time for a new boat
by David Zetland on Aguanomics Time for a new boat OM writes from California: Have you thought or written about public purchase of water flows...
Author : Angry Bear
Understanding Piketty, part 5 (conclusion)
Thomas Piketty’s Capital in the Twenty-First Century is the first book to make a data-driven examination of economic inequality. Based on hundreds of years worth of...
Should Policy Rate Rules include Utilization of Labor AND Capital?
I posted a graph where I overlaid the Effective Demand rule over the Taylor rule variations done by Tim Duy. You can see differences between...
Republican Dilemma on ACA: the Good Parts Take Money
This will be short and sweet, consider it a Health Care Open Thread. ‘Repeal and Replace’ is a pipe dream. Because all the good parts...
What do we talk and write about?
Lifted from an op ed e-mail from Stormy: A piece in the Guardian is interesting, dealing with poverty (real poverty) and inequality. I think that...
Market Expects Fed to be more Accommodative
The San Francisco Fed has a paper, Assessing Expectations of Monetary Policy, where they make a case that the market expects monetary policy to be...
The IMF and Sovereign Debt
by Joseph Joyce The IMF and Sovereign Debt The continuing inability of the Eurozone economies to break out of their current impasse means...
Ho hum or bizarre?
Any one knowledgeable?…leave a comment on winners and losers. Deal book today describes rather ho hum changes in capital requirements for banks with a positive...
Measuring Slack with Short-term & Long-term NAIRUs
It is commonly known that the CBO projects potential output, but they also have 2 measures for the natural rate of unemployment… a Short-term &...
Ted Olson Wants Congress to Bar the Koch Brothers’ Contributions to Incumbents. I Say: Good Idea!
Forty-six Senate Democrats have concluded that the First Amendment is an impediment to re-election that a little tinkering can cure. They are proposing a constitutional...