The European Crisis: Lessons from the 1920s, the Gold Standard, and Historical Trilemmas

TheEuropean Crisis: Lessonsfromthe 1920s, theGoldStandard, andHistoricalTrilemmas http://feedly.com/k/1i7MbFT Yves here. This post by Michael Bordo and Howard James finds significant parallels between the 1920s and the economic and policy conflicts facing the Eurozone, which does not speak well for them being resolved tidily. The post is dense at points but it is very much worth your attention. ByMichael Bordo, professorofEconomicsatRutgersUniversityandHarold James, professorofHistoryatPrincetonUniversity. CrosspostedfromVoxEU TheEurozone’stangleofconflictinggoals – a … Seguir leyendo The European Crisis: Lessons from the 1920s, the Gold Standard, and Historical Trilemmas

Abenomics Humiliated Again As Japan Posts 15th Consecutive (And Record) Trade Deficit

La explicación posiblemente sea que no han estimado bien las elasticidades precio de las exportaciones y las importaciones AbenomicsHumiliatedAgain As JapanPosts 15th Consecutive (AndRecord) TradeDeficit http://feedly.com/k/H6Ha5a Every month we say it, and every month it just keeps getting worse: RIPAbenomics… until next month, when it will be RIP-er. Overnight Japan posted its latest, September, trade numbers which were absolutely abysmal, as the trade deficit rose … Seguir leyendo Abenomics Humiliated Again As Japan Posts 15th Consecutive (And Record) Trade Deficit

Europe’s Recovery In Context: So Far In Q3, 13 Of 17 Reporting Companies Miss Revenues

Europe’sRecoveryInContext: So FarIn Q3, 13 Of 17 ReportingCompaniesMissRevenues http://feedly.com/k/19ZvJVy That the US is set to have its third consecutive quarter with revenue declines (followed by the fourth in a few months, when all the misses will be blamed on – what else – the Tea Party), is by now well-known and greeted by stocks which have given up on any fundamentals (that this happens even … Seguir leyendo Europe’s Recovery In Context: So Far In Q3, 13 Of 17 Reporting Companies Miss Revenues

France: “El fiasco”

France: “El fiasco” http://feedly.com/k/1eE6IlF El caso Leonarda, una adolescente detenida en una excursión escolar el 8 de octubre y después expulsada a Kosovo con sus padres y sus cinco hermanos, pone en dificultades a François Hollande. El presidente francés ha propuesto a "la escolar kosovar que prosiga su escolarización en Francia sin su familia y ella lo pide", informa Le Figaro. "La propuesta encuentra dificultades … Seguir leyendo France: “El fiasco”

Strapped For Cash? Here’s The Price List For Your Body Parts

StrappedForCash? Here’sThePriceListForYour Body Parts http://feedly.com/k/1fONlcL As weexplainedlastweek, the sad fact is that cashed-strapped Americans are looking for new ways to make money and selling body parts is becoming a rising trend. Bloomberg crunched the numbers and found out whatpartswillearnthebiggestpaydayonandofftheblackmarket. shared via http://feedly.com Seguir leyendo Strapped For Cash? Here’s The Price List For Your Body Parts

Estimates of the effects of the Fed’s large-scale asset purchases

EstimatesoftheeffectsoftheFed’slarge-scaleassetpurchases http://feedly.com/k/1c77ie4 I attended a conference this weekend on lessons from the financial crisis for monetary policy. Among many interesting presentations, Federal Reserve Bank of San Francisco President JohnWilliams provided updated estimates on the effectiveness of large-scale asset purchases and forward guidance. PresidentWilliams’sanalysis included a survey of academic studies of what effects the Fed’s large-scale asset purchases seem to have had. The table below summarizes … Seguir leyendo Estimates of the effects of the Fed’s large-scale asset purchases