noahpinionblog.blogspot.com
Noahpinion: A case where RBC works
http://noahpinionblog.blogspot.com/2015/03/a-case-where-rbc-works.html
Economics, neologisms, and distraction from productive activity. Saturday, March 21, 2015. A case where RBC works. I am a fan of John Cochrane because of his intellectual honesty. He's always very up-front and clear about what his priors and his politics are. But he almost never lets that make him tendentious (the one exception being when he is talking directly or indirectly about Paul Krugman. He goes out of his way to acknowledge alternative interpretations and the limits of knowledge. The Arezki et al...
libertarianrealist.blogspot.com
Libertarian Realist: Schiff Predictions and Bitcoin Bubble Revisited
http://libertarianrealist.blogspot.com/2015/01/schiff-predictions-and-bitcoin-bubble.html
Pursuing truth wherever it may lead. Friday, January 16, 2015. Schiff Predictions and Bitcoin Bubble Revisited. Peter Schiff had predicted. That in 2014 the Fed would stop tapering and reverse course, launching additional QE. At the time he was making these predictions, I called him out. I suggested he'd likely be proven wrong. He was proven wrong. Do I think he owes me an apology. No A vow to stop making rash predictions would suffice. That's how it is with "successful" prognosticators. Sometimes go...
captaincapitalism.blogspot.com
Captain Capitalism: Why Entrepreneurship May Be the Only Feasible Retirement Plan
http://captaincapitalism.blogspot.com/2015/05/why-entrepreneurship-may-be-only.html
Rantings and tirades of a frustrated economist. Wednesday, May 13, 2015. Why Entrepreneurship May Be the Only Feasible Retirement Plan. I had faced a problem. For the first time in a while, the ole Captain had enough money saved up that he could start thinking about throwing some money in the ole IRA. You might at first think this is not a problem. But it is, young aspiring economist. It is. For the problem facing anybody under 65 who still has a bit of life expectancy left is:. Education - HA HA HA HA HA.
noahpinionblog.blogspot.com
Noahpinion: A tale of two asset pricing models
http://noahpinionblog.blogspot.com/2015/07/a-tale-of-two-asset-pricing-models.html
Economics, neologisms, and distraction from productive activity. Friday, July 10, 2015. A tale of two asset pricing models. A while ago I talked about the fact that DSGE macro models haven't seen industry applications. And that this means people don't yet trust them to give a good conditional forecast of the effect of economic policy changes on macro variables. How about asset pricing models from the finance literature? How do these pass the market test? Campbell and Cochrane's habit formation model.
captaincapitalism.blogspot.com
Captain Capitalism: The Beauty of Having No Employees
http://captaincapitalism.blogspot.com/2015/08/the-beauty-of-having-no-employees.html
Rantings and tirades of a frustrated economist. Friday, August 07, 2015. The Beauty of Having No Employees. Outstanding article about just what a pain in the ass it is having employees. I'll say it again. Humans are the number one cause of all problems in this world. And you do NOT want a business model that requires a lot of them. They break down, they whine, they complain, they sue, and they just plain suck. Did you listen to the Tom Leykis show yesterday? The guy got fucked over. Tom proceeded to dest...
captaincapitalism.blogspot.com
Captain Capitalism: Why Robots Eliminating Jobs Is a Good Thing
http://captaincapitalism.blogspot.com/2015/05/why-robots-eliminating-jobs-is-good.html
Rantings and tirades of a frustrated economist. Thursday, May 07, 2015. Why Robots Eliminating Jobs Is a Good Thing. And "basic guaranteed income" is dumber than all hell:. I discuss this further Bifurcated Inflation Gains Traction. Which shows some charts. What will happens is firms are not going to let their profits fall due to automation and will make up the difference elsewhere, and that will. And does anyone believe that unwed mothers would *not* get more money for each little bastard they pump out?
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