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angrybear.blogspot.com - 10/9/2009
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Robert Waldmann Look everyone is bored with this but I promised an e-mail correspondent that I would write about it. I can't force myself to read Cochrane, but I obviously just read Fox's quotes of Cochrane. I think I have something new to add to the pointless discussion of professor Cochrane. ...
econlog.econlib.org - 10/5/2009
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econlog.econlib.org —
(October 5, 2009 04:42 PM, by Arnold Kling)
He argues that the Recalculation story falls apart when...
you ask why, say, a housing boom -- which requires shifting resources into housing -- doesn't produce the same kind of unemployment as a housing bust ...
(more)
Paul Krugman asks a Question
blogs.reuters.com - 10/8/2009
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blogs.reuters.com —
Paul Krugman gave a pleasingly wonkish talk at
the World Business Forum today: the attendees with their...
Speaker Workbooks will have found it difficult to fill out the Paul Krugman Summary Sheet on page 95, complete with blanks where they are meant to ...
(more)
Krugman on the end of trade
curiouscapitalist.blogs.time.com - 10/7/2009
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curiouscapitalist.blogs.time.com —
My throwaway line that some people at the
University of Chicago "reeeeaaaally didn't like Paul Krugman's article...
about the state of macroeconomics " has gotten so much traffic, thanks to a link from Krugman , that I feel obliged to go a bit deeper. My ...
(more)
The Curious Capitalist
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Robert Waldmann on Justin Fox Trying to Referee John Cochrane v. Paul Krugman
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
... I really think Robert's head exploded somewhere in here:
Cochrane Vs Krugman ~ Angry Bear: According to Fox, [Cochrane] wrote:
The centerpiece of our crash was not the relatively free stock or real estate markets, it was the highly regulated commercial banks...
Now he can't believe that.... No one could be that ignorant... fail to have noticed that commercial banks are more tightly regulated than investment banks (especially recently after capital requirements for investment banks were massively ...
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