People I admire were calling each other nasty names last week, so I cowered in the corner, put my hands to my ears, and hummed very loudly. I’m talking about the debate over money and banking that involved Steve Keen (1, 2, 3, 4, 5), Paul Krugman (1, 2, 3, 4, 5, 6, 7), Nick Rowe (1, 2, 3), Scott Fullwiler, and Randy Wray among others. Here are some summaries by Edward Harrison, John Carney, and Unlearning Economics. Anyway, although there were some good moments, this debate just made me unh...| www.interfluidity.com
Conventional wisdom among economists is that the China shock ended a decade ago. That is largely because the U.S. bilateral deficit with China has been fairly stable since 2007 (measured as a share o…| Council on Foreign Relations
I show that a tariff policy change that increased trade with China led to a decline in U.S. public listing rates and elevated industry concentration. Consistent| papers.ssrn.com
May 22nd 2014, 18:15 by G.I. | WASHINGTON, D.C. The most notable thing in the financial markets today is the absence of anything notable: volatility has collapsed to near-historic lows. Take a look…| Greg Ip
Policies for a High Road, High Performance Economy| Niskanen Center