Calculated Exuberance

I thought I'd start linking to pieces I write elsewhere. Here's a backlog of recent articles: Reuters (with Christopher Papagian...

Robin Waterfield's  Dividing the Spoils   focuses on the dawning of the Hellenistic Age after the death of Alexander the Great. He obser...

Here's a brief essay expanding on a post I made at The Agenda: The typical discussion of the middle class begins with a tale of stat...

I have an op-ed with Chris Papagianis at Forbes I've been meaning to link to for a bit. Here's a sample: The private sector is ...

I have a post at The Agenda on the impact of taxes on labor supply: While many recent discussions of tax policy are motivated by using ...

After my last post on this, I went to look up some more facts on the repo market. This issue concerns not only the importance of "safe ...

David Beckworth kindly links  to my last post on safe assets: Gupta also makes some other points, but this is his main one.  His point...

David Beckworth has channeled Gary Gorton to write : One of the key problems facing the world economy right now is a shortage of asset...

I've written before about stagnating household wages in the US. My sense is that while wages have stagnated in recent decades, the gro...

Matt Rognile takes aim  at people claiming “deleveraging” is an important reason behind the prolonged downturn: In failing to understa...

Despite Warren Buffet's interventions, The troubles at Bank of America seem large. Over concerns of rising credit losses and lawsuit r...

From the New York Times , Today, American high schools offer a sequence of algebra, geometry, more algebra, pre-calculus and calculus (or...

A new NBER paper by Michael Bordo, Angela Redish, and Hugh Rockoff look further into the causes of the superior performance of the Canadian...

Keith Chen and Judith Chevalier have a provocative paper on value of education to women: We examine whether investing in becoming a phys...