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The Economy

Suppose Congress were considering a bill that would do the following: either your employer must double your wage or fire you.

Minimum Wage

Professor Zvi Bodie, my long-time friend and Boston University colleague, has long been an avid proponent of I-bonds, introduced by the...

I-Bonds — A Great, Safe Investment Opportunity

The Federal Reserve System is paying banks not to lend money under an Obama era policy. Banks can often do better holding reserves on...

Saving and Gramm in the Wall Street Journal: The Fed’s Obama-Era Hangover

Most discussions of income inequality implicitly assume that individual preferences have virtually no effect on the outcome. In fact,...

Why Do Some People Earn More Than Others?

By John Goodman Posted on Townhall.com, December 2015 One of the most intriguing movies I’ve seen in a long time is The Big Short. It’s...

What You Need To Know About “The Big Short”

By Thomas Saving & Phil Gramm Originally posted at WSJ, October 2015 The Federal Reserve enjoys extraordinary independence from the...

The Federal Reserve’s Accountability Deficit

By John C. Goodman Originally posted on Forbes, September 2015 I believe the time has come for the Nobel Prize committee to consider...

Jeb Bush Versus Paul Krugman: What Do Economists Know About Regulation?

By John C. Goodman Originally posted on Forbes, September 2015 Until we entered the Great Recession, most economists regarded Keynesian...

Keynesianism VS Paul Krugman And Why We Aren’t Growing Faster

By John C. Goodman Originally posted on Forbes, September 2015 What we call the Reagan Revolution was not just a US phenomenon. Beginning...

Counter Revolution From The Left: Corbyn, Sanders And Krugman

By John C. Goodman Originally posted on Forbes, September 2015 As Americans celebrated the Labor Day weekend, nearly 94 million people of...

Why Does Anyone Work?

­­­“Money matters, beyond the impact on interest rates. But we don’t make any assumption about the stability of V (unlike traditional...

What is Market Monetarism?

“Paul Krugman was the one that said 2013 was a test of market monetarism.  He’s the one who said it was a test of whether monetary policy...

Scott Sumner on Paul Krugman

This New Republic essay proposes a radical reform of our banking system: all credit market institutions would get out of the business of...

Back to Basics

Interview with Larry Kotlikoff. Author of “Jimmy Stewart Is Dead” from Daniela Guernica on Vimeo.

Kotlikoff-Goodman Banking Reform Plan
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