The Slack Wire

In comments , Woj asks, have you done any research on the decline in bank lending for tangible capital/investment? As a matter of fact,...

I only just realized that this exists.

In comments to the previous post on fiscal policy, Steve Roth points to a  couple   posts  from his own (excellent) blog pointing to a simi...

Hyman Minsky famously asked, Can "it" happen again? No, he answered, it can't: A deep depression on the scale of the 1930s is...

Some books I read this year: Mrs Dalloway , by Virginia Woolf . I didn't strictly read this, but listened to it, while driving betwe...

I don't know if most people realize how much credit card debt fell during and after the Great Recession. It fell by a lot! Credit card ...

Not exactly; you have to read between the lines a little. People are talking about this new thing from the IMF , reviving the 1930s-era ...

I put up a post the other day about Enno Schroder's excellent work on accounting for changes in trade flows. Based on the comments, th...

I just participated (for the last time, thank god) in the UMass-New School economics graduate student conference , which left me feeling pre...