Almost old news, the February 13 BEA/Census release for December trade provided ample grist for the mill. Insightful perspective was provided by Brad Setser and David Altig. Here I try to add a few other insights.
The market reads Bernanke’s lips
The Fed Chair speaks, and the market jumps. But why?
Resources for economics students and professors
Here is a collection of links to recent news stories that apply some of the ideas we’ve covered in the principles of economics class I’m teaching at UCSD this quarter.
The 2007 Economic Report of the President on Exchange Rate Determination (and the Renminbi)
The 2007 Economic Report of the President was released Monday afternoon. Chapter 7, entitled “Currency Markets and Exchange Rates,” is a laudable exegesis on the determination of exchange rates.
How Paul Volcker became a practical monetarist
A bit of history I only recently learned.
Is a 12 Step Program Needed for Policymaking in Washington?
Ethanol subsidies
Why do Americans love their ethanol so much?
Guest column from John Taylor on Milton Friedman
Econbrowser is pleased to host these remarks from Stanford Professor John Taylor, which were delivered at the memorial service held at Hoover Institution and Stanford University on January 22.
New takes on the New Deal
There’s a really interesting Econoblog this week featuring Arnold Kling and Brad DeLong. Unlike the slugfest between
Menzie and
Kash, there are actually some profound disagreements between these two.
A Race between Inflows and the Deficit
From today’s Reuters: