Economist’s View

"Some Observations Regarding Interest on Reserves"

July 31, 2010
By Mark Thoma
"Some Observations Regarding Interest on Reserves"

Does paying interest on reserves discourage lending? Are there good reasons to pay interest on reserves?: Some Observations Regarding Interest on Reserves, by David Altig: One of the livelier discussions following Federal Reserve Chairman Ben Bernanke's testimony to Congress on...
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Greenspan and Empathy

July 31, 2010
By Mark Thoma
Greenspan and Empathy

From an interview of Alan Greenspan: Lunch with the FT: Alan Greenspan, by Alan Beattie, FT: ...He has admitted to having been “30 per cent wrong” in his time as Fed chairman, particularly in assuming that banks and financial institutions...
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"The Business of Spying on Internet Users"

July 31, 2010
By Mark Thoma
"The Business of Spying on Internet Users"

Tracking technology is becoming more sophisticated and pervasive:The Web's New Gold Mine: Your Secrets, by Julia Angwin, WSJ: Hidden inside Ashley Hayes-Beaty's computer, a tiny file ... consists of a single code— 4c812db292272995e5416a323e79bd37—that secretly identifies her as a 26-year-old female...
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links for 2010-07-30

July 30, 2010
By Mark Thoma
links for 2010-07-30

The distributional burden of cap and trade - voxeu Q&A: Romer Reacts to GDP Data - Real Time Economics New Stimulus Numbers Show Job Gains - Washington Wire With Recovery Slowing, the Jobs Outlook Fades - NYTimes.com Some observations regarding...
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GDP Growth Slows to 2.4%

July 30, 2010
By Mark Thoma
GDP Growth Slows to 2.4%

I'm on the road, but have a few comments on the GDP report: GDP Growth Slows to 2.4%, CBS MoneyWatch There are also links to other discussions of the report.
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Paul Krugman: Curbing Your Enthusiasm

July 30, 2010
By Mark Thoma
Paul Krugman: Curbing Your Enthusiasm

The president's "snubbing of those who made him what he is" may be costly: Curbing Your Enthusiasm, by Paul Krugman, Commentary, NY Times: Why does the Obama administration keep looking for love in all the wrong places? Why does it...
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What Would Republicans Do for the Economy?

July 30, 2010
By Mark Thoma
What Would Republicans Do for the Economy?

What's the Republican's strategy for getting rid of the uncertainty they (as opposed to businesses) are so worried about? This is from an interview of Paul Ryan on what the Republicans would do to help the economy: What would Republicans...
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Forty Years after the Grape Boycott

July 30, 2010
By Mark Thoma
Forty Years after the Grape Boycott

Forty years later, how much has changed?: Forty years later, grape boycott still a huge accomplishment, by Alvaro Huerta, The Berkeley Blog: Forty years ago, workers in the United States won a great victory. On July 29, 1970, the United...
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links for 2010-07-29

July 29, 2010
By Mark Thoma
links for 2010-07-29

Fetters of gold and paper - Barry Eichengreen and Peter Temin Why Higher Capital Standards Are Needed - Economix NOAA: Past Decade Warmest on Record - Econbrowser Beveridge Worries - Paul Krugman Bullard and Deflation - Stephen Williamson Within Fed,...
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"John Stewart Mill vs. the European Central Bank"

July 29, 2010
By Mark Thoma
"John Stewart Mill vs. the European Central Bank"

Brad DeLong: John Stewart Mill vs. the European Central Bank, by J. Bradford DeLong, Commentary, Project Syndicate: One of the dirty secrets of economics is that there is no such thing as “economic theory.” There is simply no set of...
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