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Cyclical Monetary Theory

—EconLog

(December 19, 2009 06:19 PM, by Arnold Kling) Read Scott Sumner's post. I would distill it as arguing that macroeconomics and monetary theory follow a cyclical pattern. 1. During good times, such as the Great Moderation, a view develops that the monetary authority can stabilize the economy by... [...]

Posted: December 19, 2009, 1:19pm EST
by Arnold Kling

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Bernanke ARM OK, Head "Explodes"?

—Calculated Risk

Number of comments: 0
Bernanke misspoke in the recent TIME magazine interview: TIME: Do you have a mortgage?

Bernanke: Oh, yes, we refinanced.

TIME: Oh, perfect. When?

Bernanke: About 5%. A couple of months ago.

TIME: Good time.

Bernanke: Yes. We had to do it because we had [...]

Posted: December 19, 2009, 12:49pm EST
by CalculatedRisk

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Bernanke's ARM Explodes, Refinances into Fixed Rate Mortgage

—Calculated Risk

Number of comments: 0
From TIME Magazine: Person of the Year 2009 Extended Interview TIME: Do you have a mortgage?

Bernanke: Oh, yes, we refinanced.

TIME: Oh, perfect. When?

Bernanke: About 5%. A couple of months ago.

TIME: Good time.

Bernanke: Yes. We [...]

Posted: December 16, 2009, 5:29pm EST
by CalculatedRisk

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Same Store Sales

—Angry Bear

Number of comments: 10
By Spencer

With Christmas season upon us and a great deal of attention being focused on the retailers reports of same store sales I thought it would be a good time to report on one of my pet peeves.

I see people time and time again taking the [...]

Posted: December 02, 2009, 9:04am EST
by spencer

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Cavalcade of Miscellany: On the Road Again...

—Division of Labour

1. The last week has been consumed by a burst of travel, exam grading, and other stuff (I now have a decent website in progress). On Monday, I debated the merits and demerits of Walmart with Stephan Goetz at Wake Forest. A good time was had by all, the questions [...]

Posted: November 20, 2009, 2:28pm EST
by acarden

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