“A systemic credit crunch is underway, driven primarily by bank writedowns for subprime mortgages,” according to the report co-authored by […]

UNdata (tags: browser Data development economics Economy education free History international Internet People Political politics programming Reference science tools trends […]

link James Hamilton is getting nervous: The yield on the 2-year Treasury fell yesterday to 1.5%. It's impossible to imagine […]

We're told by eminent newspapers and commentators that stagflation is the messy mixture of both high inflation and high unemployment. […]

Call for Papers (tags: Conferences)

Here's an interview with me in the Irish Times by Christine Bohan. Right Click Here to Download the Interview

I'm traveling, so office hours this week (9-11) will be canceled.

The results of the survey are: 21/34: Yes 13/34: No, Podcast. So, lecture it is. See you Tuesday.

We are confronted with the twin evils of slower growth and higher inflation, while also having to fight a banging […]

Click here to look at the programme. This type of graduate education is the way forward, folks. Anybody thinking about […]

[survey_fly]

Some people say the US economy is in a stagflation.

Blogwork: Modify PCEX to accommodate the possibility of stagflation in this economy.