J. Bradford DeLong's Blog, page 2193
September 25, 2010
September 24, 2010
links for 2010-09-24
LBO News from Doug Henwood
Emerging Markets Investor Conference 2010
What makes the US health care system so expensive – Outpatient Care | The Incidental Economist
Aaron Carroll: What makes the US health care system so expensive – Outpatient Care: http://tinyurl.com/299g73g #worthreading
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Citigroup's View of the Obama Administration in February 2009...
On 25 February 2009, Ryan O'Connell and Jerry Dorost of Citigroup's research arm wrote an "Industry Flash" about Obama Administration banking policy:
New Treasury Stress Test Guidelines Do Not Appear Onerous
Treasury's plan appears relatively bank-friendly and investor-friendly — The Treasury has released guidelines for new stress tests for the largest US banks and the terms for the banks to issue convertible preferred securities to the government to address any capital...
Fiscal Policy Multipliers at the End of the Great Depression
The smart, keen-eyed, and incredibly fast-reading Ryan Avent directs us to Robert Gordon and Robert Krenn:
Fiscal policy: War on depression: ROBERT GORDON and Robert Krenn have produced some interesting new assessments of the fiscal impact of America's military build-up from 1939 to 1941. Here's their abstract:
This paper is about the size of fiscal multipliers and the sources of recovery from the Great Depression. Its baseline result is that 89.1 percent of the...
Citigroup Attacks Doug Henwood
Doug writes:
http://lbo-news.com/2010/09/24/citigroup-feels-violated/: This morning, WordPress informed me that they'd received a "valid DMCA notice"—as in Digital Millennium Copyright Act—notice about a Citigroup research report I posted here in February 2009. Until the issue could be "resolved"—meaning I acknowledged this grave offense against intellectual property—I couldn't post anything to this blog. Once I said "Yes, Sir," my posting privileges were restored. The document was, of...
Ed Luce Worries About America's Long-Term Economic Development Strategy
Applied Materials is the canary in the coal mine.
Ed Luce:
Summers’ departure opens door for new ideas: Given that Congress appears to have abandoned any pretence of a serious debate on what needs to be done to restore America’s declining economic competitiveness, the move will doubtless come as an intellectual liberation for Mr Summers. The bigger question is whether Mr Summers’ departure offers Mr Obama his own opportunity for intellectual liberation.
There is barely an economist...
The Republican View of America: 80% Male, 20% Female; 75% Over 50, 25% Under 50; 99% White, 1% Horse
Jed Lewison writes:
Daily Kos: Republicans say that today they announced their pledge with America.... [L:]ook at this collage... of every person photographed in their "governing document"...
This calls my attention to the fact that the Republican congressional caucus does not look like America: the front ends of horses are underrepresented and the back ends of horses overrepresented...
Austin Frakt Redraws the CBO's Figures to Show Us What Is Going on with the Long-Term Budget Outlook
Austiin:
Doing CBO’s job | The Incidental Economist: By now you know the story. If not, it’s here. I just want the 2010 CBO projections to be in the same format as the 2008 ones were. This is important because the way the data are displayed either highlights or somewhat conceals what’s driving federal spending. CBO didn’t produce consistent figures, but now I have with their data. See below. This is the right way to view this information.
September 23, 2010
links for 2010-09-23
Matthew Kahn: Climatopolis: How will climate change impact urbanites and their cities?: http://tinyurl.com/27ot6j7 #worthreading
Inflation when the economy is in the dumps | vox - Research-based policy analysis and commentary from leading economists
Andre...
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