Wednesday, February 20, 2013

The housing market in pictures

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A blogger named Irvine Renter (aka Larry Roberts) knows an awful lot about the housing market and writes about it here . He also produces (a...
7 comments:
Monday, February 18, 2013

A real model of Minsky

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Noah Smith has a wonderfully informative post on the business cycle in economics. He's looking at the question of whether standard macr...
3 comments:
Tuesday, February 12, 2013

Edmund Phelps trashes rational expectations

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I'm not generally one to enjoy reading interviews with macroeconomists, but this one is an exception. Published yesterday in Bloomberg,...
15 comments:
Sunday, February 10, 2013

Let there be light

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*** UPDATE BELOW*** My Bloomberg column this month looks at an idea for improving the function of the interbank lending market. The idea ...
4 comments:
Friday, January 25, 2013

Is finance different than medicine?

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Readers of this blog know that I generally write about the risks of finance -- risks I think are systematically underestimated by standard e...
11 comments:
Tuesday, January 15, 2013

Peter Howitt... beyond equilibrium

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Mostly on this blog I've been arguing that current economic theory suffers from an obsession with equilibrium concepts, especially in ma...
8 comments:
Monday, January 14, 2013

Steve Keen on "bad weathermen"

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I've made quite a lot of the analogy between the dynamics of an economy or financial market and the weather. It's one of the basic t...
7 comments: