
Champ and Freeman on bank capital reserves
05 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, business cycles, economic history, economics of information, economics of regulation, financial economics, global financial crisis (GFC), great depression, great recession, industrial organisation, macroeconomics, monetary economics, politics - New Zealand, Public Choice, survivor principle Tags: adverse selection, agent principal problem, deposit insurance, economics of central banking, monetary policy, moral hazard, prudential regulation

The wages of sin had a good run @USAMViceFund
01 Dec 2019 Leave a comment
in economics of regulation, energy economics, entrepreneurship, financial economics, health economics, industrial organisation, Public Choice, rentseeking, survivor principle Tags: efficient markets hypothesis, entrepreneurial alertness

More on @paulkrugman forgetting the literature on self-fulfilling financial crises and speculative attacks
01 Dec 2019 Leave a comment

The day Minsky macroeconomics died! Instability can’t be fixed so easily?
23 Nov 2019 Leave a comment
in budget deficits, business cycles, economic history, Euro crisis, financial economics, global financial crisis (GFC), great depression, great recession, macroeconomics, monetarism, monetary economics, Public Choice Tags: asymmetric information, bank runs, banking panics, deposit insurance, economics of central banking, Keynesian macroeconomics, moral hazard, Post-Keynesian macroeconomics

David Levine on efficient inefficiency in the efficient markets hypothesis
23 Nov 2019 Leave a comment

Champ and Freeman on banks inflating the economy
22 Nov 2019 Leave a comment
in applied price theory, business cycles, economics of information, financial economics, macroeconomics, monetary economics Tags: fractional reserve banking

Bubbles and crash without news
17 Nov 2019 Leave a comment
in applied price theory, economic history, entrepreneurship, financial economics, industrial organisation, survivor principle Tags: efficient markets hypothesis, rational expectations

Innovation and Growth Cycles David Levine
15 Nov 2019 Leave a comment
in applied price theory, comparative institutional analysis, development economics, econometerics, economic history, economics of bureaucracy, economics of regulation, Federalism, financial economics, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, law and economics, Public Choice, rentseeking, survivor principle
Market crashes are efficient – Boldrin and Levine
14 Nov 2019 Leave a comment
in business cycles, economic growth, financial economics, macroeconomics, market efficiency Tags: creative destruction, real business cycles

Is Corporate Law Still a Race to the Top? Frank Easterbrook
07 Nov 2019 Leave a comment
in economics of regulation, financial economics, law and economics, market efficiency, organisational economics, property rights, Public Choice Tags: corporate law
SNL destroys @SenWarren’s Medicare-for-all
03 Nov 2019 Leave a comment
in entrepreneurship, financial economics, health economics, human capital, income redistribution, industrial organisation, labour economics, labour supply, Marxist economics, occupational choice, politics - USA, poverty and inequality, Public Choice, public economics, survivor principle Tags: 2020 presidential election, envy, The fatal conceit, top 1%, wealth tax
Duflo and Banerje are a cross between Trump and crazy Bernie on economic populism
31 Oct 2019 Leave a comment
in development economics, economic history, economics of regulation, entrepreneurship, financial economics, history of economic thought, industrial organisation, international economics, labour economics, labour supply, Marxist economics, politics - USA, poverty and inequality Tags: anti-foreign bias, economics of immigration, free trade





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