Winter 2015 Assigned Readings: Blog Posts
By 2d Class:
- There’s One Key Difference Between Kids Who Excel at Math and Those Who Don’t
- How to Turn Every Child into a “Math Person”
- How to Avoid Another NASDAQ Meltdown: Slow Down Trading (to Only 20 Times Per Second)
- The Swiss are now at a negative interest rate due to the Russian ruble collapse
By 3d Class
- The Logarithmic Harmony of Percent Changes and Growth Rates
- International Finance: A Primer
- How Subordinating Paper Money to Electronic Money Can End Recessions and End Inflation
By 4th Class
By 5th Class–I know this is a lot; read through quickly just to get background and ideas of what to say in blog posts you write about the Fed’s decision on January 28, 2015 (special blog topic assignment).
- Mike Konczal: What Constrains the Federal Reserve? An Interview with Joseph Gagnon
- The supplysideliberal Review of the FOMC Monetary Policy Statement: June 20th, 2012
- Justin Wolfers on the 6/20/2012 FOMC Statement
- Fed Transparency and Obscurantism
- Joe Gagnon on the Internal Struggles of the Federal Reserve Board
- Let’s Have an End to “End the Fed!”
- Ann Saphir on How a Fed Inflation Hawk Changed His Mind
- Greg Mankiw on the Economy, Fed
- Read His Lips: Why Ben Bernanke Had to Set Firm Targets for the Economy
- Four More Years! The US Economy Needs a Third Term of Ben Bernanke
- Three Big Questions for Larry Summers, Janet Yellen, and Anyone Else Who Wants to Head the Fed
- Talk Ain’t Cheap: You Should Expect Overreaction When the Fed Makes a Mess of Explaining Its Plans
- Janet Yellen is Hardly a Dove—She Knows the US Economy Needs Some Unemployment
- Make No Mistake about the Taper—the Fed Wishes It Could Stimulate the Economy More
By 6th Class (These posts are a little heavier and require a bit more careful reading than those for the 5th class)
- John Taylor is Wrong: The Fed is Not Causing Another Recession
- Contra John Taylor
- Ben Bernanke on Why the Fed Has an Inflation Target of 2%
- Ben Bernanke: The Fed Does Less Monetary Stimulus Than It Thinks Is Warranted Because It Is Afraid of the Side Effects of Unconventional Tools
- David Beckworth—Monetary Policy at the Zero Lower Bound: 3 Quasi-Natural Experiments
- Symbol Wanted: Maybe Europe’s Unity Doesn’t Rest on Its Currency. Joint Mission to Mars, Anyone?
By 7th Class
- Balance Sheet Monetary Policy: A Primer
- Trillions and Trillions: Getting Used to Balance Sheet Monetary Policy
By 10th Class
- The Coming Transformation of Education: Degrees Don’t Matter Anymore, Skills Do
- How Subordinating Paper Money to Electronic Money Can End Recessions and End Inflation
- America’s Big Monetary Policy Mistake: How Negative Interest Rates Could Have Stopped the Great Recession in Its Tracks
- Could the UK be the First Country to Adopt Electronic Money?
By 1st Class after Break
By 2d Class after Break
- The Medium-Run Natural Interest Rate and the Short-Run Natural Interest Rate
- On the Great Recession
- On the Need for Large Movements in Interest Rates to Stabilize the Economy with Monetary Policy
By 3d Class after Break
- Optimal Monetary Policy: Could the Next Big Idea Come from the Blogosphere?
- Janet Yellen is Hardly a Dove—She Knows the US Economy Needs Some Unemployment
By 4th Class after Break
- The Shakeup at the Minneapolis Fed and the Battle for the Soul of Macroeconomics—Again
- Robert Shiller: Against the Efficient Markets Theory
- Robert Flood and Miles Kimball on the Status of the Efficient Markets Theory
- John Cochrane: Gene Fama’s Efficient Markets Theory and Empirical Methods Thread Through All of Empirical Finance
By Last Class