Multiple Currencies: If you buy a car in Ukraine, or a house, or rent a good apartment, you pay for it in dollars. Locals seem to make sure they have american dollars even more so than euros.
Source date (UTC): 2014-06-13 05:54:00 UTC
Category: Economics, Finance, and Political Economy
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MAKES MINIMUM WAGE? (interesting. about what you’d expect)
http://www.nytimes.com/2014/06/10/upshot/minimum-wage.html?_r=1WHO MAKES MINIMUM WAGE?
(interesting. about what you’d expect)
http://www.nytimes.com/2014/06/10/upshot/minimum-wage.html?_r=1
Source date (UTC): 2014-06-10 08:10:00 UTC
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“The market will demand lords, and the market will provide.”— Priceless
—“The market will demand lords, and the market will provide.”—
Priceless.
Source date (UTC): 2014-06-09 13:42:00 UTC
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PROPERTY RIGHTS QUESTION? Can anyone explain to me why we assume that we have a
PROPERTY RIGHTS QUESTION?
Can anyone explain to me why we assume that we have a right to anticipated natural rates of interest? In other words, why is non-diluted money-proper (commodity money, private money or fiat money), and the expansion of purchasing power of such money, due to increases in demand, a property right?
(Smart people only please. ie: no empty moralisms.)
I might be loopy on asthma meds right now but I am trying to resolve this question once and for all. And I can’t find a reason, stated as property rights, why we have the right to privatize increases in value of money, or to profit from the shortage of money.
Thanks
Source date (UTC): 2014-06-09 06:27:00 UTC
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Next is negative interest rates. After that we’ll hear mainstream modern monetar
Next is negative interest rates.
After that we’ll hear mainstream modern monetary.
I’m all for MMT if we bypass the banks.
Source date (UTC): 2014-06-07 12:01:00 UTC
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SPLIT CURRENCIES —“A poster writes: Split the currency. 1. International Trade
SPLIT CURRENCIES
—“A poster writes: Split the currency.
1. International Trade Dollars
2. National Dollars
3. State Dollars.
That way the success of a State is for the Benefit of the State. International Money Giveaway schemes do not crash the National Dollar. Those who want to inflate their Dollar, will not take others down with them.”—
You know, the amount of economic knowledge that the average libertarian has is utterly amazing. I don’t mean the “moral NAPpers” but the rest.
I get so buried that I take it for granted. And I forget that for most people simple economics is indistinguishable from chemistry, formal logic, or some other symbolic language.
But it’s the one they most depend upon. And they’re ignorant of it.
Source date (UTC): 2014-06-07 11:49:00 UTC
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Mortgages 7-15 Years maximum
http://globaleconomicanalysis.blogspot.com/2014/06/sweden-central-bank-governor-proposes.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+MishsGlobalEconomicTrendAnalysis+(Mish’s+Global+Economic+Trend+Analysis)&m=1Smart. Mortgages 7-15 Years maximum.
Source date (UTC): 2014-06-03 04:46:00 UTC
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ON PICKETTY I tend to follow Scott Summer on one end and Karl Smith on the other
http://www.themoneyillusion.com/?p=26861&utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+Themoneyillusion+%28TheMoneyIllusion%29SUMNER ON PICKETTY
I tend to follow Scott Summer on one end and Karl Smith on the other. Here is Sumner.
Source date (UTC): 2014-06-02 17:14:00 UTC
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Can I label myself as a marginal-difference-ist? Because that’s the issue. 🙂
Can I label myself as a marginal-difference-ist? Because that’s the issue. 🙂
Source date (UTC): 2014-05-29 09:14:00 UTC
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You know, we can put morality back into economics, and radically change politics
You know, we can put morality back into economics, and radically change politics.
The human instinct against free riding isn’t escapable in economics. we must account for it.
Source date (UTC): 2014-05-28 06:52:00 UTC