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Best sentence I read today

—SCSUScholars

Instead, if you think in terms of "how can we optimally regulate so that banks have only incentives to do great things and no incentives to take excess risk," you are on the wrong track.From Arnold Kling, who argues that if you cannot imagine a world without deposit insurance [...]

Posted: December 15, 2009, 4:46pm EST

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Deepening production vs ramping up production

—True North

I think Arnold Kling is onto something here:
If everyone scans the headlines and sees "Great Depression," that could very well cause a drop in consumption. And if everyone scans the headlines and sees "recovery," they might spend more.

We could also observe herd behavior among producers. I have [...]

Posted: November 24, 2009, 6:38am EST

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Deepening production vs ramping up production

—SCSUScholars

I think Arnold Kling is onto something here:
If everyone scans the headlines and sees "Great Depression," that could very well cause a drop in consumption. And if everyone scans the headlines and sees "recovery," they might spend more.

We could also observe herd behavior among producers. I [...]

Posted: November 23, 2009, 4:46pm EST

— about this blog

— blogs linking 'SCSUScholars' this week

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