COVIDCash_KennethRogoffAndJessicaScazzero_CMFAWP002 The post COVID Cash (CMFA Working Paper No. 002) appeared first on Alt-M.
Editor’s Pick
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By the start of 1937, things were looking up for the U.S. economy. Although the Supreme Court had struck down both the…
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Having devoted the last two posts in my New Deal series to the NRA, I may have given readers the impression that…
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The answer depends on what you mean. Succeeded at what? With the US dollar price of Bitcoin reaching an all-time high above…
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Editor's Pick
Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part II
by adminby admin[This is the last half of a two-part critique of Douglas Diamond and Philip Dybvig’s highly influential paper purporting to show that…
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Editor's Pick
Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part I
by adminby adminHas any theoretical work on banking been more influential than Douglas Diamond and Phillip Dybvig’s 1983 JPE article, “Bank Runs, Deposit Insurance,…
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On November 19, Treasury Secretary Steven Mnuchin announced that he would sunset five of the Federal Reserve’s emergency lending programs at year-end:…
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JanetYellensLiftOff_GeorgeSelgin_CMFAWP001 The post Janet Yellen’s Lift Off (CMFA Working Paper No. 001) appeared first on Alt-M.
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Remember the Wide World of Sports? Spanning the globe to bring you the constant variety of sport… the thrill of victory… and…
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This is the third and final essay in my series on proposals to help reduce the number of unbanked households in America.…