Great post from Economist's View about where our reliance on risk distribution went wrong.
Discussion about China's Exchange Rate and Trade Balances from Econbrowser.
Placebo Effects: Part 2 Thoughtful analysis of where we stand in the global financial crisis.
I was browsing through the podcasts over at EconTalk and listened to a great discussion with Tyler Cowen from Marginal Revolution. The host, Russ Roberts, brought up an interesting point about a tension that exists when the Fed increases the money supply in order to lower interest rates.
We hear in the [...]
There has been a lot of debate recently regarding the Fed's independence. Many want the Fed to be more accountable to the people and there is even a bill out there that seeks to audit the Fed.
What are the arguments for independence?
The Fed has been fighting the bill that [...]