EconWatch.com > The Political Economy of TARP, Arnold Kling | EconLog | Library of ...
[EconLog] But as the linked posts show, once the economy recovers, spending picks up again. Instead of TARP and the stimulus serving as temporary policies, they have been added to the spending baseline.
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[EconLog] Housing Policy: What Would Reagan Do?, Arnold Kling | EconLog ...: Mr Kling sees the world through "Reagan GOP" glasses and biases his writings accordingly in support of his ideology. I have an idea.
[The Palgrave Econolog - latest stories (min 3 posts)] Was TARP Necessary?, by Arnold Kling: Credit and Recovery: On voxeu Prakash Kannan examines how the availability of credit will affect the recovery. “Will the economic recovery be U-, V-, W-, or L-shaped?
[EconLog] Tyler Cowen on Pretense, David Henderson | EconLog | Library of ...: A more realistic scenario, would be for the Fed to purchase government bonds by wiring funds to the sellers' banks, but with no one trusting banks, those sellers would withdraw the received funds in the form of currency. The Fed would pay for the bonds in the usual way, crediting the reserve balances of the banks of the bond sellers, but the banks would withdraw currency from their reserve balances at the Fed to pay it out to the bond sellers.
[Muwabi Economic Forum] Muwabi Joins the National Debt Advocacy « Muwabi Economic Forum: As always, the carnival is comprised of a non-partisan collective of blog entries. While specific pieces may have ideological roots, the overall carnival is a testament to the diverse voices present in the ongoing debate that surrounds the budget, deficit and accumulated national debt.
[EconLog] Payroll Tax Hikes, Keynesianism, and the Recession: A Reply to ...: You are basically arguing that the multiplier from domestic wages is lower and Krugman is arguing that it is higher. Since trade between the US and the rest of the world has fallen off sharply from its peak and our trade deficit has been decreasing of late, he's becoming more right, and you more wrong, every day.
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