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CYPRUS - WHY OH WHY?
There's been lots of excellent summary of the situation so I don't believe that I would achieve much by repeating what has been said better elsewhere.I think Matt Yglesias does a good job of...
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STICKY WAGES? I DON'T THINK SO...
This is a very quick post, to link something I thought interesting and worth preserving: http://economix.blogs.nytimes.com/2013/03/28/median-household-income-down-7-3-since-start-of-recession/"Median...
View ArticleWE'RE STUCK. MORE OF THE SAME THE SOLUTION?
This should be another relatively fast post but I thought it'd be a worthy topic of conversation.Trough Economist' View (many thanks to Mark Thoma for his remarkable blog, it's quite a versatile...
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THE RULES OF THE GAME - COMMENTARY ON A KEVIN DRUM POST
I am trying to write two eminently political blog-posts one describing what a 'progressive' agenda might look like in the USA and the other doing the same for Europe in general and France in...
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REINHART & ROGOFF - SOME LESSONS
A lot has been written - often exceedingly well - about this debacle. I would personally recommend Noah Smith who has had two strongposts on the subject but there's also Mark Thoma, Paul Krugman, Matt...
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UNEMPLOYED? - GO DIE IN A HOLE, YOU ZMP!
So I've recently caught up on some on-going discussions about unemployment and an interesting concept promoted by Tyler Cowen - The ZMP worker a.k.a Zero Marginal Product worker. I think this is mostly...
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CORRELATION & CAUSALITY: DEBT & LOW GROWTH
Short post: In the wake of the Reinhart and Rogoff saga, the question of the causality of the relationship between growth and debt was re-open.I've already mentioned an article by Arin Dube that seems...
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BRYAN CAPLAN: FREE MARKET EVIL DOERS
Via Scott Sumner's now famous blog (The Money Illusion, permalink on the side), I read the following post by Bryan Caplan: http://econlog.econlib.org/archives/2013/04/the_grave_evil.htmlAnd it...
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YOU GET THE AUSTERITY YOU DESERVE!
This blog-post is in reaction to two letters from John Mauldin and a blog-post by Noah Smith who has gotten some well-deserved attention.The theme linking these three articles is whether there is a...
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MERITOCRACY & BEN BERNANKE
Short post: Via Matt Yglesias and Kevin Drum, I got made aware of a speech Ben Bernanke gave to students at Princeton and which contains a paragraph about "meritocracy"."The concept of success leads me...
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CONSERVATIVES: JAMES SHOOTS BACK!
James is back! And he’s got stuff to say!For legibility, I will make his replies into a guest blog-post (my first, Yayyy!) with a bit of structuring thrown in.This is a lengthy post and it will not...
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ON SCOTT SUMNER & MONETARY POLICY
It's been a while since I talked about monetary policy and I've meant to write a specific blog-post about it for a long time. With Abenomics well under way and some initial successes to show for it,...
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WHY "ELYSIUM" IS NOT THE BEST THE RICH CAN DO...
From "Battle Angel Alita" to "Elysium" and including "In Time" or "Hardwired" (the book), it's been a regular sciences-fi/cyberpunk trope that, in the (near) future, the rich would exile themselves...
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IMMIGRATION & TRADE: DISTURBED MACRO-THOUGHTS
This is another one of those blog-post I meant to write a long time ago and never quite got around to doing it. In this case, though, there is more than mere procrastination at play.Immigration and...
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SOMALIA: INSTITUTIONS, FREE MARKETS & DEVELOPMENT
“You are a sneaking Puppy, and so are all those who will submit to be governed by Laws which rich Men have made for their own Security...”Attributed to the pirate Captain Bellamy, 1717This is going to...
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PROFIT versus CORPORATE SOCIAL RESPONSIBILITY
This is a quick blog-post about two articles from the opposite side of the spectrum that I ended up liking regarding profits and Corporate Social Responsibility (CSR).During my MBA at the London...
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BEST TV SERIES SINCE 2000
This is a blog-post about TV series... and not even about the economics of it (Matt Yglesias did that late last June at the time of James Gandolfini's sad death) but about which series I liked and...
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FEDERAL RESERVE: YELLEN versus SUMMERS
I will state up-front that I do not like Larry Summers. But, given that I've never met the man in the flesh, you'll have to trust me when I say that that this dislike is not personal and entirely based...
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NOAHPINION'S LATEST ON LOVING INFLATION
This will be a short post in reply to Noah Smith's latest blog-post about loving (moderate) inflation.The various advantages he enumerates about moderate inflation are well-known and I don't think...
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MERITOCRACY REDUX: THIS IS NOT WHAT IT MEANS
Short post, again.Through my good friend Hussein Kanji, I got made aware of an article in the NY Post written by a tutor about admission madness for the kids of the wealthy.And the point that tutor...
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