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Mark 400, mark 3000: Whats the difference?

posted to Economic Principals on Sun 19th May 13

For all the talk about scandals in Washington, the news that caught my eye was the differing treatment accorded the latest benchmark in the global warming debate.Atmospheric carbon dioxide reached 400 parts per million earlier this month, as measured by two
Expansionary austerity, in bad times and good

posted to Economic Principals on Sun 12th May 13

Enthusiasm for budget-balancing swept Europe in 2010 in the wake of the financial crisis, just as the Tea Party movement was taking root in the United States. (See this four-minute history of the American events to refresh your memory.) The difference is that,
Reinhart and Rogoff, in Context

posted to Economic Principals on Sun 5th May 13

The list of genuine heroes of the financial crisis of 2007-08 is a short one, as opposed to the roll of pretenders, which is as long as my arm. High on the former are Carmen Reinhart, of Harvards Kennedy School of Government, and Kenneth Rogoff, of the universitys

More Than Two Aspirin

posted to Economic Principals on Mon 9th Feb 09

There is a widespread sense that Barack Obama has gotten off on the wrong foot with the stimulus debate not that hes mistaken in urging that emergency measures be taken quickly, but that he has hasnt been clear about the Why, the How and the What Next? In short,
Mineshaft Canary

posted to Economic Principals on Mon 10th Mar 08

Business Week raised a ruckus last December with a cover story on “The Dangerous Wealth of the Ivy League.” Provosts from eleven public universities in the Midwest wrote to protest sentiments attributed to Harvard University president Drew Faust,
To See Ourselves As Others See Us

posted to Economic Principals on Sun 15th Feb 09

The power of the Web is such that, on a pressing issue, a blogger with a point of view can quickly become nearly as indispensable as such journalists as Martin Wolf of the Financial Times or Paul Krugman or Joe Nocera of The New York Times, as long as the author

Links for 05-20-2013

posted to Economist's View on Mon 20th May 13

Department of "WTF?!?!": Education Gap Weblogging - Brad DeLongAmericas future early education system - Consider the EvidenceIs there a stock-market bubble? - James SurowieckiRedeeming Bangladesh - EconomixEuropeans' Biggest Problem - Carola BinderThe
Links for 05-13-2013

posted to Economist's View on Mon 13th May 13

Student Debt and the Crushing of the American Dream - Joe StiglitzHow Austerity Kills - NYTWho Are the Leading Fed Contenders? - WSJMost Economists Back Yellens Inflation-Fighting Credentials - WSJCommunication by the ECB: Inconsistent, yet effective? - Vox
Links for 05-06-2013

posted to Economist's View on Mon 6th May 13

Tax Reform: As Usual, Were Going About it All Wrong - Jared BernsteinLessons can be learned from Reinhart-Rogoff error - Larry SummersReinhart and Rogoff, in Context - Economic PrincipalsDont blame Reinhart and Rogoff - FT.comEmployers lack confidence, not