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When the Tough Get Cutting
Matthew Yglesias comments today on the Tax Policy Center’s report about the budgetary implications of Paul Ryan’s new budget. In general, it produces a budgetary hold of $5.7 trillion over a decade....
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The EU is What Ails Britain
Late, as usual, but writing in the Financial Times on Wednesday, Chris Giles makes a very strong case against the view that austerity is what is hurting the UK: No sensible person thinks deficit...
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Paul Krugman Forgot His Economist Hat
I’m excited, because today I get to catch Paul Krugman red handed criticize Paul Krugman, which is a very rare occurrence, indeed! In responding to John Cogan and John Taylor’s op-ed in the Wall Street...
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Notes on Currency and Recession
First up, Matthew Yglesias reports on the situation in Cyprus: That’s not to say that departure from a currency union is the only scenario in which capital controls make sense. There’s a strong case...
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Market Monetarism at AEI
David Beckworth, Scott Sumner, and Ryan Avent discuss market monetarism at the American Enterprise Institute.
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One M2 to Rule Us All
In a series of articles brought to my attention today, Matthew C Klein has been building the case for separating lending institutions from depository institutions. In Klein’s estimation, the function...
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In the Future, I Will Have Been Proven Correct
How I missed this, I don’t know, but here is Barry Eichengreen on the future of economics textbooks: Will future generations do better? One of the more interesting exercises in which I engaged at the...
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Could Alan Reynolds Have Been More Right?
Brad DeLong recently debated Alan Reynolds at Kansas State, which I’m not too interested in. However, I was interested in this (h/t Brad DeLong): In any bank crises, the public wants to hold more...
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Lefties Treading on HBD Territory
I suppose I could have also titled this post “Victory Lap”. In any case, via Kevin Drum (Matt Yglesias as well), today I learn that teaching kids critical thinking skills, and working to eliminate...
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Open Borders Logo Contest
My entry in the Open Borders logo design contest. Also, a t-shirt idea based on the design and a photo posted in the contest thread: And another: Exciting! Freedom of Movement by Niklas Blanchard is...
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