Is the Economics We Have Better than Nothing?
A decade after the acute phase of the Great Financial Crisis it is time to ask “is the Economics we have better... Read More
Financial Markets: Free versus Regulated
How many times have you heard the call for deregulation in the name of free markets? But does deregulation make any sense... Read More
The Committee to Save the Banks – Part IV: Defending the Indefensible
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The Committee to Save the Banks put on a clinic in their ongoing effort to defend their choice to save the banks... Read More
Failure of the Experts has Lead to Fantasy Politics
The other day the Peterson Institute hosted a conference on “Rethinking Macroeconomic Policy“. The speakers were a veritable who’s who of the... Read More
Why do we need financial regulation at all?
In his speech, Hyun-Song Shin, the Head of Research for the BIS, asked “Why do we need financial regulation at all?”. This... Read More
Minneapolis Fed makes case for repealing Dodd-Frank Act
I am sure it was inadvertent, but the Minneapolis Fed made a compelling case for repealing most of the Dodd-Frank Act. Please... Read More