One Man Band (Free subscription) | yesterday
... a 7.2% drop in consumer credit for September, http://bit.ly/BgoRF | pinched budgets & hard terms # John B. Taylor: Marginal tax rate in Senate h/c plan higher for poorer families, http://bit.ly/2krKrq # Powered by Twitter Tools .
Anti-Dismal (Free subscription) | 05/11/2009
John B. Taylor looks at Government Failure versus Market Failure at his blog Economics One . He writes, Cliff Winston of the Brookings Institution carefully reviews three decades of empirical research on a wide range of microeconomic policy studies in his important book Government Failure versus Market Failure . He comes to the same basic conclusion; as he puts it "thirty years of...
Anti-Dismal (Free subscription) | 02/11/2009
Simon Johnson, Jeffrey Miron, Russ Roberts and Mark Thoma answer the question here . Johnson says The fiscal stimulus played a decisive role in reducing the depth and pain of the recession and is now helping to get a recovery under way. Miron writes The Obama administration and many economists believe the fiscal stimulus package caused the positive G.D.P. growth, but this conclusion is...
One Man Band (Free subscription) | 30/10/2009
Business managers can minimize risks associated with social media by archiving social media activity, http://bit.ly/2ybNRN # John B. Taylor doesn’t want to create a perm bureaucracy supporting govt bailouts & takeovers, http://bit.ly/3Tmgdj | Me neither # Congress might take note that it’s getting harder to sell US Treasury notes, http://bit.ly/8wH5x | the federal deficit...
Quicksilber (Free subscription) | 08/10/2009
Things are hectic and posting may be light. My prediction for the economics Nobel to be announced on Monday : with so much concern about monetary policy and its role in causing or resolving the financial crisis, the prize could go to a top expert on the subject, John B. Taylor , whose writings I've become more familiar with lately and have found very absorbing.
The Curious Capitalist (Free subscription) | 02/10/2009
A couple weeks ago, John F. Cogan, John B. Taylor and the middle-initial-challenged Volker Wieland had an op-ed piece in the Wall Street Journal headlined "The Stimulus Didn't Work." I was pretty nonplussed when I read it, but it was just now, while reading over the critiques of it by Brad DeLong/Mark Sadowski and Goldman [...]
Seeker Blog (Free subscription) | 27/09/2009
Write JOHN F. COGAN, JOHN B. TAYLOR AND VOLKER WIELAND in this WSJ op-ed. An excerpt: The nearby chart reviews income and consumption through July, the latest month this data is available for the U.S. economy as a whole. Consider first the part of the chart pertaining to the [...]
QandO (Free subscription) | 25/09/2009
Today was one of those days when a couple of trends came together that should be making us think seiously about changing our current fiscal and monetary policies. The first thing I was was this debt chart from John B Taylor that shows how our current policy will effect the national debt. This what you call your [...]
From On High (Free subscription) | 24/09/2009
This simple chart from Stanford professor John B. Taylor should keep you up nights: A nightmare scenario.
Quicksilber (Free subscription) | 24/09/2009
In anticipation of future writings on the Fed and related subjects, I've acquired a growing collection of relevant books. Here's some recent, current and prospective reading: Finished reading: The Road Ahead for the Fed , multiple authors. Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis , by John B. Taylor. The Case Against...
Asiaing.com (Free subscription) | 23/09/2009
If you want to read a very short book on how we got into the financial crisis, I don't think you could do better than John B. Taylor s Getting Off Track. --Michael Barone, U.S. News World Report A sobering book by a Stanford University economist demonstrates not only how the feds caused, misdiagnosed and mishandled the financial crisis, but also how their responses continue to make matters...
