Films of 2023:Q3
Facebook Twitter LinkedIn This past quarter I went on a Hal Hartley binge—interesting director. I also read Chateaubriand’s autobiography (1300 pages, up to 1815), which...
Author : TheMoneyIllusion
The wrong lessons
Facebook Twitter LinkedIn The Economist has an article discussing how recent Japanese history provides some useful lessons for China. There are correct that Japan is...
Second worst
Facebook Twitter LinkedIn This National Review headline caught my eye: Joe Biden Made the Worst Vice-Presidential Pick of the Last 50 Years Obama’s pick was...
According to data compiled by Bloomberg?
Facebook Twitter LinkedIn Unless I’m becoming senile (very possible), a recent Bloomberg article is total nonsense: The Land of the Rising Sun experienced its largest decline...
The wisdom of Larry Summers
Facebook Twitter LinkedIn This is all good stuff: I would suggest six misconceptions that purveyed a great deal of the currenteconomic debate. First, it is...
How not to think about monetary policy
Facebook Twitter LinkedIn This Bloomberg piece caught my eye: Faced with only limited signs of a slowdown in US demand despite more than five percentage...
Disgust with mankind?
Facebook Twitter LinkedIn In 1841, Alexandre Dumas famously described the changing attitude of the Paris newspapers as Napoleon marched toward their city after his escape...
What I’ve been reading (and watching)
Facebook Twitter LinkedIn 1. Josh Hendrickson reported some interesting findings on deterrence and crime: For a given level of crime, an increase in the number...
Generation gaps
Facebook Twitter LinkedIn Back around 1989, I drew my father’s attention to a $40,000 Infiniti automobile, which passed us on the highway. My dad (a...
Tyler Cowen on housing bubbles and NGDP targeting
Facebook Twitter LinkedIn In my book entitled The Money Illusion, I argued that the housing bubble of 2003-06 was not the cause of the Great...