RT @iowahawkblog: The most exciting…
The most exciting thing about going into war in Syria is solving the mystery of what side we're on.
The most exciting thing about going into war in Syria is solving the mystery of what side we're on.
I could only find 1 category in which to vote. It would seem churlish not to reward such a source of daily delight. https://t.co/HojRah5OOG
The background to the "great moderation": The Fed’s "corruption" of the economics profession https://t.co/VF12cjEM40 via @RealWorldEcon
Original Sin and Global Stagnation https://t.co/PpHlFqr3UV via @NytimesKrugman
The War over the Periodic Table may be just beginning. #RareMetals #RareEarthElements https://t.co/1ZhSS7RekG
Hillary Clinton insists Africans should just "get over" colonialism & slavery & make money.nhttps://t.co/rOUOikfprT https://t.co/audICv5VNh
Germany's #AfD party split over disagreement on whether to focus on dissolving #eurozone or curbing immigration https://t.co/crOOXJ7h7J
Look how my own NHS hospital compares to Jeremy Hunt's favourite US hospital (on which he wants to model the #NHS) http://t.co/3IxTE3rkgd
Anatomy of operation by which Barclays created credit for swf to buy its capital.nhttps://t.co/rV63bb5wfu https://t.co/bCWOmGAUIa
The institutional basis for the capacity of banks not just to lend, but to CREATE creditnhttps://t.co/rV63bb5wfu https://t.co/Q1cnvg02wL
Chancer of exchequer's coke fuelled dream comes true 🇨🇳🐷🐽🎩 @George_Osborne @Conservatives @David_Cameron https://t.co/TOZHd2zXrq
Unemployment-to-Population Ratio vs. Unemployment Rate: (structural vs. cyclical is the question) https://t.co/t277dntlDL
The magic is in step 2: when banks “pay out” on loans all they do is reclassify liabilitiesnhttps://t.co/rV63bb5wfu https://t.co/HVx1xFDDQu
Back to basics: Why it is different when a bank (as opposed to a non-bank) makes a loan.nhttps://t.co/rV63bb5wfu https://t.co/64sWlVkLm5
Digesting Werner’s remarkable trip inside the alchemy of bank credit creation.nhttps://t.co/rV63bb5wfu https://t.co/5T5RAHR5ta
On the unfortunate role of Tobin in entrenching loanable funds at heart of modern macro:nhttps://t.co/CDrDv1fLwZ https://t.co/VLb4Mew7Kx
BoF staff working to escape loanable funds theory of banking set out great checklist. nhttps://t.co/CDrDv1fLwZ https://t.co/trtPnNxuuH
Draghi at Jackson Hole August 2014 on need 4 fiscal policy. Earned a slap down frm Berlin. nhttps://t.co/fbevogeaBv https://t.co/3l2hHoJOwq
Fever curve of Eurozone banking system. Would be even more dramatic if you superimposed Fed assistance 4 Euro banks https://t.co/qOEyz4wefk
MOVING to Brussels, says Donald Tusk, the president of the European Council, was like reaching “paradise”. https://t.co/pSMqXbyRNM
Inexcusable. Retreat of ECB balance sheet AFTER Draghi’s "whatever it takes" speech”.\https://t.co/fbevogeaBv https://t.co/GlYCTAMuHV
Frm Bibow: Remarkable track of Eurozone M3 under management of supposedly monetarist ECB. nhttps://t.co/fbevogeaBv https://t.co/WKG7ujqYxY
Welcome reminder of Joerg’s great Beckley Stift paper on ECB. https://t.co/2hQPlio6Io
Mapping “progress” since the crisis. The downhill line really captures the downbeat flavor nhttps://t.co/tkOI1QUOS0 https://t.co/e23yy5olLv
G's € trilemma: can't have it all, perpetual export surpluses, no transfer/bailout MU, and “clean” independent CB https://t.co/fyHRERvrFA
More evidence for a Mian/Sufi household debt-deflation mechanism in the UK https://t.co/YT6mccQ6Zu https://t.co/jcjRBqnEpz
15 % of mortgage households in UK were way out of financial balance before 2008. Huge debt and cons 120% of income. https://t.co/2lZQNKsC7l
Why the middle-aged in Britain are grumpy. BofE on debt and consumption in crisis!nhttps://t.co/YT6mccQ6Zu https://t.co/inNTnvPUFs
Adair Turner: another voice calling for helicopter moneynhttps://t.co/sS9INnmiDS
Great on Germany/ECB Eurozone. One point they miss is that ECB now enables Schaeuble to persist in his perversity. nhttps://t.co/W5XyqqBRCo
GREAT piece on the way German policy in Eurozone crisis forces ECB moves that Germany opposes https://t.co/W5XyqqBRCo
From July. Furious and Excellent on the threat of Grexit. @Clive_Crook https://t.co/oNgkf840Dl via @BV
Deaton in 1980, prefiguring the ascend of empirics w/o theory and his critique of randomistas https://t.co/CvzJ7hpfAJ
Cold War guide to organizational sabotage reads like guide to holding faculty meeting (p28) https://t.co/BZxNpqBHCQ http://t.co/w6w61WOzOY
Nice point that the great moderation may persist … in the very modest recovery from 2008! https://t.co/OIt8oML2xZ
That moment when “microeconomist” autocorrects to “macroeconomist.” 😐
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