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Thursday, August 8, 2013

Good Reads

  •  Scott Sumner latest paper titled a "Market-Driven Nominal GDP Target" came out last month at cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Mercatus Center. It is cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 best piece I seen so far on nominal GDP futures targeting. It addresses all cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 critiques of his proposal and highlights different version of it. My understanding of nominal GDP targeting was sharpened after reading it.
  • Many, if not most, economists and pundits believe that higher capital requirements for banks would go a long way in establishing a more secure financial system. Joshua Hendrickson, however, raises some questions about this view and argues here, here, and here that removing cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 limited liability status of banks (i.e. creating contingent liabilities for shareholders) would better.
  • Update: Ryan Avent has a great piece on cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 unfinished revolution in central banking.

2 comments:

  1. David, I think you're missing cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Mercatus link.

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  2. Sumner does not address cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 critiques I laid out very well, or at all, beyond some hand waving.

    ReplyDelete