SCSUScholars

• If you don't use price to ration, someone else may

  An unemployed Gatineau man has been doing a modest but steady business in the past week by standing in line at flu clinics for people who can’t line up themselves.
  
  And he says the city’s security measures haven’t slowed him down.
  
  For $15 an hour, the man who [...]
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  Posted: November 04, 2009, 4:35pm EST
  

• Where does interest on reserves come from?

  The usually reliable Arnold Kling misses one, I think.
  

  [Y]esterday I was trying to teach the consequences of paying interest on reserves to my bright high school students. They got, correctly, that paying interest on reserves lowers the money multiplier (it makes banks want to hold more reserves, which [...]

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  Posted: November 04, 2009, 3:36pm EST
  

• Another "short" note to G&J

  Dear Dane,
  
  Wow. Thanks for your explanation of your position on why you think Minnesota has tried the less government approach. I had no idea my short note would generate such leverage of your lengthy response! I was not aware of your support for reducing revenue cyclicality, [...]
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  Posted: November 04, 2009, 1:58pm EST
  

• Graphs that make you go hmmmm

  I do a number of local talks in town, usually a couple per month, but for some reason I hadn't done any big ones in the last six weeks. So when I was prepping for this morning's talk to the collected Rotaries of the area, I [...]
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  Posted: November 04, 2009, 11:33am EST