Ab-Norm-al Econ

Tuesday, September 30, 2014

The Pope Reflects On The Economic System And The Culture Of Prosperity

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The Pope argues that we have sacralized our current market system .  It has become sacred even as it deadens our spirituality.  It has produ...

Betting On Interest Rates Can Be Bad For One's Career

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Bill Gross was the CEO of the largest bond fund in America.  He did well when he was bullish on bonds but he decided that interest rates wou...

Why We Should Stop Worrying About Inequality

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John Cochran spoke at the conservative Hoover Institute as part of a program to honor the memory of one his colleagues at the University of ...

Why Did EBay Spin Off Pay Pal?

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E-Bay has decided to spin off Pay Pal into a separate company.  This article raises questions about the motivation for that decision.  Carl ...

Why Did The Fed Let Lehman Fail?

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New documents have been made public which raise questions about the decision to let Lehman fail.  They indicate that the issue of Lehman...
Sunday, September 28, 2014

Seven Bad Ideas In Economics

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Paul Krugman reviews a book that places a lot of our economic problems on the economics profession.  It does so by criticizing seven ideas t...
Saturday, September 27, 2014

HBR Explains Why The Fed Is A Weak Regulator

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This article offers an explanation for the NY Fed's weak response to some of the issues between it and Goldman Sachs that are described ...
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