#econ tag

[fauvester]

For anyone who’s interested in exploring recent challenges to the typical narrative of the 2007-2009 housing bubble and the role of subprime borrowers on it, here’s a link to the 2017 paper that was making rounds a while back. It’s long but i HIGHLY recommend it

[fauvester]

going on a 14 yo activist blog and seeing them vagueing the concept of free trade...like....sorry i didnt realize it was still 1820, my bad

[that-starlit-wanderer]

Hmm, has someone made the case that a centrally planned economy would work better in the 21st century than in the 20th century because there's a lot more data available and we have better models for interpreting and understanding that data than we did in, say, the Soviet Union of the 1930s? You could even have an AI-generated Five Year Plan just to make everybody angry

[sufficient-tenacity]

Frequent Tags:

[sufficient-tenacity]

So question for the rest of us on here: What's the actual proposal to tax the rich? Like what tax law changes are we proposing?

[that-starlit-wanderer]

One thing I don't understand is how people like Stephen Miran can claim that the economy is strong while also simultaneously believing that the economy desperately needs rapid interest rate cuts.

My problem probably lies in believing that people like Stephen Miran care about being intellectually consistent, but presumably there is at least an argument, no matter how flawed, behind "the economy is thriving and flourishing and we need deep rate cuts immediately"

[newsingit]

In the Matter of Lisa Cook

Trump’s attempt to fire a Fed governor is illegal. Now we find out whether that matters.

In the Matter of Lisa Cook, Krugman

[newsingit]

Why Trump’s attacks on the Fed’s independence are so dangerous | Steven Greenhouse

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire

Why Trump’s attacks on the Fed’s independence are so dangerous Steven Greenhouse