Tag Archives: larry summers
Will Larry Summers Save the World Again?
Modern macroeconomics is a boring and dreary trade. The monthly report outs on GDP, unemployment, inflation, and other data aggregates, are a dull waste of time. What decisions could you possibly make to improve your lot in life from these data reports? Continue reading
Meet Your New Stimulus Allocation Czar
The march towards midnight is both stirring and foreboding. Like a death row inmate sitting down to savor his last meal, a grim excitement greets the reality of impending doom. Thoughts of imminent mortality haunt each bite. As far as … Continue reading
Larry Summers Wants to Give You a Free Lunch
The existing capital stock continues to be frittered away at the expense of savers and retirees. Nonetheless, central bankers don’t give a doggone about it. This, after all, is one consequence of roughly eight years of near zero interest rate … Continue reading
Welcome to the New Dark Ages
The popular notion that the economy’s doing just fine is losing acceptance with each passing week. Politicians, central bankers, brokers, and even the nightly news broadcasters can no longer pretend everything’s going according to script. All at once, no one … Continue reading
