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
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
Forget the Hindenburg Omen, This Near-Perfect Deleveraging Indicator is Omen Enough
Update (June 20) – I added a section at the end of the post with information on specific countries. Also, the data shown here combines cross-border transactions in both U.S. and foreign long-term securities (I may not have made this … Continue reading
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:
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
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
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:
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
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