Politics Ron Paul and our Big, Fat Fed by March 13, 2021 by March 13, 2021 Regular readers of Alt-M don’t need to be told that yours truly is no fan of the Fed’s gigantic credit footprint. Even… 0 FacebookTwitterPinterestEmail
Politics The New Deal and Recovery, Part 11: The Roosevelt Recession, Continued by March 2, 2021 by March 2, 2021 “Massive jolts of New Deal spending had stopped the economic slide, [but the economy crashed again when] over two years, FDR slashed… 0 FacebookTwitterPinterestEmail
Politics COVID Cash (CMFA Working Paper No. 002) by February 12, 2021 by February 12, 2021 COVIDCash_KennethRogoffAndJessicaScazzero_CMFAWP002 The post COVID Cash (CMFA Working Paper No. 002) appeared first on Alt-M. 0 FacebookTwitterPinterestEmail
Politics The New Deal and Recovery, Part 10: The Roosevelt Recession by admin February 4, 2021 by admin February 4, 2021 By the start of 1937, things were looking up for the U.S. economy. Although the Supreme Court had struck down both the… 0 FacebookTwitterPinterestEmail
Politics The New Deal and Recovery, Part 9: The AAA by admin January 11, 2021 by admin January 11, 2021 Having devoted the last two posts in my New Deal series to the NRA, I may have given readers the impression that… 0 FacebookTwitterPinterestEmail
Politics Has Bitcoin Succeeded? by admin December 23, 2020 by admin December 23, 2020 The answer depends on what you mean. Succeeded at what? With the US dollar price of Bitcoin reaching an all-time high above… 0 FacebookTwitterPinterestEmail
Politics Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part II by admin December 18, 2020 by admin December 18, 2020 [This is the last half of a two-part critique of Douglas Diamond and Philip Dybvig’s highly influential paper purporting to show that… 0 FacebookTwitterPinterestEmail
Politics Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part I by admin December 17, 2020 by admin December 17, 2020 Has any theoretical work on banking been more influential than Douglas Diamond and Phillip Dybvig’s 1983 JPE article, “Bank Runs, Deposit Insurance,… 0 FacebookTwitterPinterestEmail
Politics Ending the Fed’s Emergency Lending Facilities: Mnuchin v. Waters by admin December 10, 2020 by admin December 10, 2020 On November 19, Treasury Secretary Steven Mnuchin announced that he would sunset five of the Federal Reserve’s emergency lending programs at year-end:… 0 FacebookTwitterPinterestEmail
Politics Janet Yellen’s Lift Off (CMFA Working Paper No. 001) by admin December 4, 2020 by admin December 4, 2020 JanetYellensLiftOff_GeorgeSelgin_CMFAWP001 The post Janet Yellen’s Lift Off (CMFA Working Paper No. 001) appeared first on Alt-M. 0 FacebookTwitterPinterestEmail
