Articles
Articles and analyses from the INET community on the key economic questions of our time.
UK Budget Appeals to Adam Smith's Approach to Taxes... Sort of
Yesterday the Chancellor of the Exchequer (or UK ‘finance minister’) gave his annual budget speech where UK fiscal policy is set for the coming years.
Three Questions to Judy Klein
Fed, ECB balance sheet update
Why did the ECB LTROs help?
From a money view perspective, the central issue is settlement of TARGET balances between national central banks within the Eurozone, and the key is to understand TARGET balances as a kind of interbank correspondent balance.
John Whittaker: Eurosystem balances explained
[The following guest post is by John Whittaker, from whom we have learned much of what we know about how the European payments system works. See his terrific papers here and here, both of which reward close study. He has been looking over the last couple Money View posts, and the comments to those posts, and has this to say.]
The IMF and the Collateral Crunch
Why is the IMF getting involved in the Eurocrisis, and why is its involvement taking the form of lending to individual member states of the Eurozone?
Is there an ECB?
At Home in Economics
We Are Greg Mankiw… or Not?
Liquidity, Public and Private
A week ago, Mark Carney, chairman of the Financial Stability Board, warned of emerging global consequences of the escalating eurozone crisis.
Does econ blogging open new conversations (part II): lessons from Mike Konczal, Noah Smith, Mark Thoma and Milton Friedman
The INET roundtable on “new conversations and the academy” took place a week ago. Most panelists were bloggers, including Mike Konczal from RortyBomb and Noah Smith from Noahopinion.
Toxic Textbooks
Imagining a New Intro Economics
Economics in Uncertain Times
Euro Summit Statement Explained
Okay, so here is the statement, but what does it mean? Felix Salmon offers an unnamed advisor’s flowchart. Let’s see if Money View thinking can do better.
The Price is wrong
First Liquidity, then Solvency
A Response to John Kay's essay on the State of Economics
The future of macro, he says, may well make “the formation and revision of expectations an object of analysis in its own right.”