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links for 2009-03-25
links for 2009-03-25
Lemons and toxic assets - Knowing and Making The Geithner Plan: Quick Numerical Example - Karl Whelan Quantifying the "Geitner Put" - Greed, Green and Grains Risks from the New Fed Policy - David Beckworth Missing the Point - Ryan Avent Simulations and Mechanisms - ...
Assorted links
marginalrevolution.com — 1. Discussion of money illusion in economics journals : a graph (over time) and discussion. 2. The... crisis: who wrote the software ? 3. Top young economists ?  I can think of a few who are missing...but here is the working papers page for ... (more) Assorted links
links for 2009-03-24
links for 2009-03-24
economistsview.typepad.com — Geithner's plan isn't money in the bank - S Johnson and J Kwak - LA Times Making... the world work again - Barak Obama Inflation 'felt' to be not so bad as a wage cut - EurekAlert Is Tim Geithner's toxic asset plan toxic? Mark Thoma and Dean ... (more) links for 2009-03-24
Links and Quick Takes 3/21/09
nakedcapitalism.com — US birds in 'widespread decline' BBC Pink elephant is caught on camera BBC New Particle Throws Monkeywrench... in Particle Physics Universe Today Brutalizing The FASB's Attempts At Piglipsticking Tyler Durden New Deficit Forecast Casts Shadow on Obama Agenda New York Times Save the Credit ... (more) Links and Quick Takes 3/21/09
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Morning Commentary
EconLog: Library of Economics and Liberty — All pointers courtesy of the indispensable Mark Thoma . First, Hernando de Soto writes, These derivatives are the root of the credit crunch. Why? Unlike all other property paper, derivatives are not required by law to be recorded, continually tracked and tied to the assets they represent. Nobody knows precisely how many there are, where they are, and who is finally accountable for them. Thus, there is widespread fear that potential borrowers and recipients of capital with too many nonperforming derivatives will be unable to repay their loans. As trust in property ...

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