Archive for Financial Economics
Reynolds Doesn’t Think A Double Dip Is Coming
All Reynolds does in this piece is pick apart people who claim that unemployment figures are indicative that we are about to double dip. (HT2 DRH) OK, that’s fine as far as it goes. Anyway I think we are definitely in store for a “double dip.” I think this is the second Great Depression. I […]
Read moreA Krugman Kontradiction?
In which the author does his best impersonation of Scott Sumner… I am really really trying to understand Krugman on his recent jihad against fiscal austerity proponents. (See this for example, when Krugman begins eating his own. His point is, “Hey, I’m not being partisan, I’m saying everyone is dumber than me.”) Of course as […]
Read moreKrugman/Sumner Death Match: Let There Be Peace on Earth, and Let It Begin With Me
OK when I see Scott Sumner and Paul Krugman (also Mark Thoma) arguing over the best way to destro fix the economy–should Bernanke crank out more $100 bills to buy long-term government debt so the feds can buy more Predator drones, or should Pelosi borrow more directly from the private sector so the feds can […]
Read moreAre You Scared Yet?
[UPDATE below.] Alasdair Macleod wants to know what I think about this: Since I’m not a Keynesian, and actually believe in a structure of production, this is what I think. UPDATE: Mark Wise–whom I used to work with in the financial sector–talked me down from the ledge. He linked me here, and said: This is […]
Read more“The World Is Ending! The Market Value of Money Market Accounts Is Dropping! Aaaaaaaa!”
[UPDATE below.] I need to do some more research before I open fire on David, Robert, Ambrose, and all my friends, but I think these guys are all missing some really basic stuff here. Fortunately for their self-esteem, I am really busy and don’t know when I can deal with this in a careful (and […]
Read moreMy New Favorite Hedge Fund Manager
I saw some other videos with unpromising titles (like “Hendry says print money to fix slump”) but I don’t want to ruin it. Anyway this is pretty cool, I just wish I knew the context. (HT2 Ash Navabi)
Read moreHugh Hendry vs. Jeffrey Sachs
This is beautiful. (HT2 Jeff Tucker.) This video is worth watching, at least through the first 5:30 minutes or so. (You need to see Hendry respond to Sachs’ claim that the Greek issue has only been on the table for 10 weeks.) Other observations: (1) Look at how much more civil this is, compared to […]
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