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Government Will End Unsustainable Debt With Higher Taxes

Dr Bruce Bartlett / 07-09-2010
As every economist knows, Stein’s Law says that trends which can’t continue don’t. Unfortunately, it doesn’t tell us anything about when or how they come to an end. Since our national debt is assumed by virtually all economists except my friend Jamie Galbraith to be unsustainable, and since it seems increasingly [...]

Not moving anywhere

Michael Panzner / 07-09-2010
Here’s one view on where things stand: “Obama: Economy’s Moving In Right Direction, But Not Fast Enough” (NPR) “The key point I’m making right now is that the economy is moving in a positive direction,” but jobs aren’t being created “as fast as we need,” Obama added. Economic indicators, he said, signal “we’re moving in the right [...]

Poland economic mad men may be right

Dr hab. Krzysztof Rybiński / 07-09-2010
Here you can find my article published by Financial Times website today. It is about economy, reforms, PR and mad men.

Poland economic mad men may be right

Dr hab. Krzysztof Rybiński / 07-09-2010
Here you can find my article published by Financial Times website today. It is about economy, reforms, PR and mad men.

Good Economists, Bad Economists And Supermarkets

Lawrence W. Reed / 06-09-2010
Good economists are seldom popular with the political class. This is not unique to democratic systems; dictators like good economists even less. Why? As a rule, politics doesn’t educate. It obfuscates, pontificates, and prevaricates. It often seeks to advance the interests of the few at the expense of the many. It is a playground for the shortsighted [...]

Modele ekonomistów nie uwzględniały roli banków, dlatego przeoczyli kryzys

Metablog Obserwatora Finansowego / 06-09-2010
Tak twierdzą prof. Franklin Allen i Sydney Winter, których wypowiedź przytacza Acting-Man blog. Prof. Johnson i Boone prognozują dalsze problemy Irlandii, przygniecionej długiem i zmuszonej kolejny raz do korekty PKB. Prof. Krugman koryguje optymistyczne stwierdzenia co do stanu gospodarki USA. A Dylan Grice dowcipnie poprawia makroekonomistów.

Germany – a role model in low unemployment, not in a growth

Prof. Stefan Karlsson / 05-09-2010
After the extremely strong German second quarter growth number, and the weaker American one, Germany seems to have become the great role model in terms of achieving growth. This is kind of strange since a lot of countries both in Europe and elsewhere have had stronger growth (It would be more understandable to view it [...]

Excessive Debt Will Slow Global Growth

Edward Harrison / 03-09-2010
Bill White, formerly of the BIS and now with the OECD spoke to Bloomberg News during the KC Fed’s annual meeting in Jackson Hole, WY. He gave some rather pointed answers to questions about the Federal Reserve’s monetary policy. I reviewed some of White’s remarks regarding the global economy and the accumulation [...]

Jak dyrektor Fed deflację z hiperinflacją pomieszał

Metablog Obserwatora Finansowego / 03-09-2010
Jedno zdanie Narayana Kocherlakoty wywołało wielką debatę na blogach ekonomistów. Wypowiadają się znani profesorowie Brad DeLong i Paul Krugman. Znawca polityki monetarnej z Kanady Nick Rowe. A także Robert Waldman, Ryan Event i Karl Smith. Ale Kocherlakoty broni Stephen Williamson i Jesus Fernandez-Villaverde. Prof. DeLong na koniec z ciekawym wykładem nt. ekonomii kryzysu.

Hurricane Ben is coming

Dr hab. Krzysztof Rybiński / 01-09-2010
I have not written in English for quite some time as we discussed Poland-related matters. This post is of global interest so I use the only global language – globbish (i.e. simplified English). In the recent article in Financial Times professors C.Reinhart and V.Reinhart warn that crisis is not behind us, that we are in the [...]

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