Wednesday, November 28, 2012
We'll miss that Mark Carney squint
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Mirroring Nick Rowe , here are some quick comments on the departure of Mark Carney from the Bank of Canada to the Bank of England. Cana...
Tuesday, November 27, 2012
Explaining Stephen Williamson to the world (and himself)
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Stephen Williamson catches a lot of flack on the net. Some is undeserved, some is deserved, but a big chunk is probably due to the fact ...
7 comments:
Another liquidity-premium sighting - Harrison and Kreps
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The word "moneyness" is synonymous with liquidity-premium. Both refer to that portion of an item's value that is derived fr...
Sunday, November 25, 2012
What gold's negative lease rate teaches us about the zero-lower bound
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When people talk about gold, they usually talk about the gold price. But there are a few other key gold market metrics that often go unmenti...
5 comments:
Saturday, November 24, 2012
Scott Sumner: Damned if markets are efficient, damned if they're not
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Last week I wrote a post that attempted to dehomogenize Scott Sumner from Krugman. I left a similar but more precise comment on Bob Mur...
Thursday, November 22, 2012
Without proper balancing forces, Hans-Werner Sinn's "European ISA" will be destabilizing
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(Disclaimer: this article is geeky. If you want to follow it, you should already know a bit about the European Target2 imbalances debate ...
10 comments:
Wednesday, November 21, 2012
Central bank monetization doesn't have to be scary
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David Beckworth has a good post pushing back against people who are pounding the Fed-is-monetizing-the-debt drums. His point was that th...
7 comments:
Tuesday, November 20, 2012
The feeling of hyperinflation illustrated
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I listened to a good Econtalk podcast last night with guest Steve Hanke . Few people in the world know as much as Steve does about hyperinf...
1 comment:
Sunday, November 18, 2012
How bitcoin illustrates the idea of a liquidity premium
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On November 15 @ 5:37 PM, Wordpress.com tweeted that it would be accepting bitcoin as payment. Over the next twenty-four hours, the price o...
5 comments:
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