Monthly Archives: June 2013

Has Brad DeLong Admitted to Being Unfair and Imbalanced?

Second Update (July 12) – Brad DeLong would like me to post his response to this. Sorry, Brad, you have your own blog for hurling insults. If the name-calling is important to you, I suggest firing away on delong.typepad.com. As … Continue reading

Posted in Uncategorized | Tagged , , , , , | 1 Comment

Confession Time: Money Printing Enthusiasts Should Admit the Obvious

Imagine a football coach who hasn’t caught onto the game’s complexities and continues to run the same play – call it a fullback dive – over and over. When I read calls for more monetary stimulus, I feel as though … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , | 1 Comment

Adding Real, Present-Day People to Old Movie Scripts

Paul Krugman meets Hannibal Lecter, Barack Obama stymies E.T., Ben Bernanke advises H.I. McDunnough, and more…

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

TIC Data Shows an Abenomics Effect Alongside Massive Foreign Selling

The Treasury International Capital (TIC) report this morning showed that foreigners sold a record amount of U.S. Treasuries in April, and by a large margin:

Posted in Uncategorized | Tagged , , , | Comments Off

A 22 Article and Blog Post Guide to the NSA’s Surveillance Program

In between this initial description of the government’s Internet surveillance program (PRISM) and this collection of pics and musings of whistleblower Edward Snowden’s girlfriend that was passed around today, I’ve read quite a lot of coverage. And I was glad … Continue reading

Posted in Uncategorized | Tagged , , , , , | Comments Off

Testing Krugman’s Debt Reduction Strategy (And Finding It Fails)

Nike recently published a series of ads declaring “winning takes care of everything,” in reference to Tiger Woods’s recapture of the world #1 golfer ranking. The slogan went over with certain critics like an illegal ball drop. Many economists insist … Continue reading

Posted in Uncategorized | Tagged , , , , , , | 2 Comments

Various Links: Inventions, Technology and Other Cool Stuff

McKinsey recently released a long report titled “Disruptive technologies: Advances that will transform life, business, and the global economy.” The report covers 12 technologies:

Posted in Uncategorized | Comments Off

Why We Shouldn’t Trust the Fed’s Inflation Target

Awhile back, I thought it might be interesting to create one of those island economy stories to demonstrate a problem with the Fed’s policy framework. I finally got around to it over the past week, after reading an article on the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Comments Off

Link to Justin Fox’s “Seven Fun Facts About Corporate Taxes”

It’s been 27 years since our corporate tax code was last updated. Since Japan lowered its corporate income tax rates last year, the U.S. has the highest rates in the world. And after Apple CEO Tim Cook’s Senate grilling last … Continue reading

Posted in Uncategorized | Tagged , , , , | Comments Off