Anil Kashyap has an excellent summary of the Greek debt crisis. He sees government printed IOUs as a much better solution to the banking an...
Wages and inflation
Marty Feldstein has a very interesting opinion piece on Project Syndicate. His main point is that micro distortions from social programs (a...
4% growth
I wrote last week on the simple factual question of whether and how often the US has experienced 4% real GDP growth in the past. The deeper ...
Last Greek thoughts
A few salient points that don't seem to be on the top of the outpouring of Greece commentary. 1. Greece seems to be coming to a standsti...
Econ 1
John Taylor is offering his Economics 1, the introductory economics course for Stanford undergraduates, as a free online class. Class start...
Roy's plan
I found two novel (to me) and interesting points in the heath insurance reform plan put forward by Avik Roy of the Manhattan Institute. (...
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