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AndyHarless

  1. @bondscoop Congratulations on calling the payroll number last month. What was your reasoning? Delayed seasonal hiring?
  2. ...and my last 3 blog posts are now copied by Seeking Alpha http://seekingalpha.com/author/andy-harless/articles/latest
  3. Blog post: "Investment makes saving possible" http://is.gd/52Xze
  4. "If you saw a picture of me building a factory, I guarantee you it was Photoshopped!" http://is.gd/51Z3e
  5. Blog post: "Prose Hack" The US economic depression is more of a chronic condition than most people think. http://is.gd/4ZDwN
  6. How does Cash for Clunkers affect the new autos component of the CPI? It must have an effect, but I'm not clear on exactly what.
  7. ...low interest rates or large budget deficits when the economy is running below potential, you're not a Keynesian.
  8. ...and then tney further object to the Bush administrations "irresponsible" fiscal policy. Dude, if you don't believe in running either...
  9. ...Dude, low interest rates, that's how you do it. That's what Keynesian monetary policy does when the economy is running below potential...
  10. Why do so many Keynesians accept an essentially Austrianist view of the 2001-2006 recovery? (“the Fed kept interest rates too low...")
  11. Central banks have kept the rentier on expensive life support for 20 years now. It's time to convene a death panel.
  12. Did the collapse of the housing boom really cause the recession, or did the boom itself merely forestall the recession? $$
  13. RT @Fullcarry 2008 Panic was the FED's fault. Sumner on NGDP targetting: http://is.gd/3nlUZ [not that I agree 100%, but it's worth reading]
  14. People who hold cash even though they owe money (e.g. on a mortgage) are essentially purchsaing liquidity insurance with the interest.
  15. "Job losses are not the problem." My latest blog post http://is.gd/2HSux is now an Editors' Pick on Seeking Alpha http://is.gd/2HSzS
  16. Why not put a progressive tax on bank revenues, so that too-big-to-fail banks pay for the extra government protection they receieve?
  17. The theory of complementary goods in action: RT @IsobelWren My dry cleaner sent me an email w a coupon for a free burrito...sneaky!
  18. On a business cycle trough-to-trough basis (assuming trough was Q2) NF bus. productivity is rising @ 2.3% ann., about the same as last cycle
  19. @nordsieck I'm not assuming they remain constant, just that their levels & velocities are determined by national debt management policies
  20. If today's national debt is serviced by running primary surpluses in the future, then it will be deflationary rather than inflationary $$