The Slack Wire

Via Mike Konczal, here is Carmen "Eight Centuries of Financial Folly" Reinhart indulging in a bit of folly of her own: Reinhart...

Last week I promised a discussion of my new paper with Arjun Jayadev on "Fisher dynamics" and the evolution of household debt. Th...

Because the random producer for Japanese TV that you run into, also, inevitably, plays the trombone in a Nigerian band. That is all.

So, speaking of rent control , here's an  article on San Francisco's system . It's pretty much the usual -- the headline bleats ...

In the common usage, popularized by Krugman, a liquidity trap is just a situation where the interest rate set by the central bank has reache...

I really want to write about the household debt-dynamics paper , but first a quick followup to yesterday's rant : Even more fundamenta...

Regular readers of this blog will remember some interesting discussions here a few months ago of the dynamics of public debt. The point -- w...

On the other hand! If you're thinking, yes , economists have a reflexive pro-market bias, then there is one question in the Booth poll...

... or in other words, does economics (as it's currently constituted) inherently promote a vision of markets for everything and no right...

The other day, I quoted Howard Davies explaining the big macroeconomic advantage of a country like Latvia over a country like Greece: Lat...