Winter 2016 Assigned Readings: Blog Posts
By 2d class:
By 3d class:
- There’s One Key Difference Between Kids Who Excel at Math and Those Who Don’t
- How Subordinating Paper Currency to Electronic Money Can End Recessions and End Inflation
By 6th class:
- Examining the Statistics in “Math at Home Adds Up to Achievement in School” by Talia Berkowitz, Marjorie Schaeffer, Erin Maloney, Lori Peterson, Courtney Gregor, Susan Levine and Sian Beilock
- America’s Big Monetary Policy Mistake: How Negative Interest Rates Could Have Stopped the Great Recession in Its Tracks
- Governments Can and Should Beat Bitcoin at Its Own Game
By 7th class:
- Larry Summers Just Confirmed that He is Still a Heavyweight on Economic Policy
- Negative Interest Rates and Financial Stability: Alexander Trentin Interviews Miles Kimball
By 8th class:
- Going Off the Paper Standard
- The Costs and Benefits of Repealing the Zero Lower Bound … and Then Lowering the Long-Run Inflation Target
- On the Need for Large Movements in Interest Rates to Stabilize the Economy with Monetary Policy
By 9th class:
- International Finance: A Primer
- Could the UK Be the First Country to Adopt Electronic Money?
- How the Electronic Deutsche Mark Can Save Europe
By 10th class:
- An Underappreciated Power of a Central Bank: Determining the Relative Prices between the Various Forms of Money Under Its Jurisdiction
- However Low Interest Rates Go, The IRS Will Never Act Like a Bank
By 11th class:
- Gather ’round, Children, Here’s How to Heal a Wounded Economy
- Remittances in International Finance
- Marriage 101
- Narayana Kocherlakota Advocates Negative Rates and Criticizes the Conduct of US Fiscal Policy
By the Midterm:
- Electronic Money: The Quiz
- Why a Weaker Effect of Exchange Rates on Net Exports Doesn’t Weaken the Power of Monetary Policy
By End of Break:
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 March 16, 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 Wednesday, March 16:
- 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
- Symbol Wanted: Maybe Europe’s Unity Doesn’t Rest on Its Currency. Joint Mission to Mars, Anyone?
- Alex Rosenberg Interviews Miles Kimball on the Responsiveness of Monetary Policy to New Information
- Ben Bernanke on Trial
- Larry Summers: The Fed Looks Set to Make a Dangerous Mistake by Raising Rates this Year + Miles’s commentary on this
- Optimal Monetary Policy: Could the Next Big Idea Come from the Blogosphere?
By Wednesday, April 6:
- Scott Sumner–The Media’s Blind Spot: Negative Interest on Reserves
- Robert Shiller: Against the Efficient Markets Theory
- Odious Wealth: The Outrage is Not So Much Over Inequality but All the Dubious Ways the Rich Got Richer
By Wednesday, April 13
By Monday, April 18
- Why My Retirement Savings Accounts are Currently 100% in the Stock Market
- Lukasz Rachel and Thomas Smith: Drivers of Long-Term Global Interest Rates–Can Changes in Desired Savings and Investment Explain the Fall?
- Cognitive Economics
- Jonathan Clements on Integrating Human Capital into Your Portfolio
- Get Real: Robert Shiller’s Nobel Should Help the World Improve Imperfect Financial Markets