Follow WallStreetBlips on Twitter
Blog Reactions
Economist's View: links for 2009-05-03
Decline and Fall of Western Civilization: loan demand still down
J. Bradford DeLong's Grasping Reality with All Eight Tentacles: This Is Getting Damned Annoying: Will I Ever Be Allowed to Disagree with Paul Krugman Again About Anything? (Niall Ferguson Edition)
links for 2009-05-03
Economist's View —
... The big drop: Trade and the Great Recession - voxeu.org
Liquidity preference, loanable funds, and Niall Ferguson (wonkish) - Paul Krugman ...
loan demand still down
Decline and Fall of Western Civilization —
... improved, but the vast bulk of this activity is linked to refinancing and not new credit. C&I; and CRE are at new lows of demand. lots of folks are concentrating on the supply side -- note the headline at calculated risk, which is representative of all the ledes i've seen -- and perhaps that's natural given the massive public support being put under the banks. but credit supply isn't the primary problem facing our society going forward. paul krugman a few days ago touched on this fact in recasting the current situation. In effect, we ...
This Is Getting Damned Annoying: Will I Ever Be Allowed to Disagree with Paul Krugman Again About Anything? (Niall Ferguson Edition)
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
... Liquidity preference, loanable funds, and Niall Ferguson (wonkish) - Paul Krugman Blog - NYTimes.com: Joe Nocera... fails to mention... the most depressing aspect... further confirmation that we’re living in a Dark Age of macroeconomics, in which hard-won knowledge has simply been forgotten. What’s the evidence? Niall Ferguson “explaining” that fiscal expansion will actually be contractionary, because it will drive up interest rates. At least that’s what I think he said.... ...
Niall Ferguson fights back
FT Alphaville —
... sector out. They are crowding it in, instead, by supporting demand, which sustains jobs and profits. Wolf’s key observation being: The argument advanced by opponents is either that fiscal policy is always unnecessary and ineffective or, as Prof Ferguson suggests, redundant, because this is not a “Great Depression”. Monetarists argue fiscal policy is always unnecessary, since monetary expansion does the trick. You can follow the whole public blog/editiorial argument here , here , and here , while Daniel Gross over at Newsweek does a good job of binding it all ...
David Takes On Goliath and Loses: The Ferguson - Krugman Exchange
A Fistful Of Euros » A Fistful Of Euros —
... (yes, it is Niall I’m talking about here, and not Sir Bobby, although sometimes even I have my doubts), let me confess, I am not entirely convinced on this point (Niall Ferguson’s argument can be found summarised in his Financial Times Op-Ed here, and in his rejoinder letter to Martin Wolf reproduced by the FT Alphaville’s ever interesting Izabella Kaminska here, while Paul Krugman’s “input” to the debate can be found here, here, and here).
So, since the thunder and lightening that such high profile ...
David Takes On Goliath and Loses: The Ferguson - Krugman Exchange
Global Economy Matters —
... with Niall Ferguson has deteriorated (yes, it is Niall I'm talking about here, and not Sir Bobby, although sometimes even I have my doubts), let me confess, I am not entirely convinced on this point (Niall Ferguson's argument can be found summarised in his Financial Times Op-Ed here, and in his rejoinder letter to Martin Wolf reproduced by the FT Alphaville's ever interesting Izabella Kaminska here, while Paul Krugman's "input" to the debate can be found here, here, and here). So, since the thunder and lightening that such high profile ...
David Takes On Goliath and Loses: The Ferguson - Krugman Exchange
Euro Watch —
... with Niall Ferguson has deteriorated (yes, it is Niall I'm talking about here, and not Sir Bobby, although sometimes even I have my doubts), let me confess, I am not entirely convinced on this point (Niall Ferguson's argument can be found summarised in his Financial Times Op-Ed here, and in his rejoinder letter to Martin Wolf reproduced by the FT Alphaville's ever interesting Izabella Kaminska here, while Paul Krugman's "input" to the debate can be found here, here, and here). So, since the thunder and lightening that such high profile ...
Rogoff: Rebalancing the US-China Economic Relationship
Economist's View —
... : The huge borrowing by major
governments, the U.S. government in particular, has confused many people — and
not just
Niall Ferguson. What I hear again and again is either the assertion that all
this borrowing must drive up interest rates, or worries that the Chinese won’t
be willing to lend us the money. ...
