Did you see the massive sell-off last week? Well, you should have. There was a number that stuck out in my mind and I wasn’t sure why. Yeah, it was a big number, 35 billion, but it didn’t seem like it would be anything abnormal. Right? The 35 billion number I’m referring to is the [...]
There are two recent TED talks that I would like to draw attention to. I believe that this is type of thinking will be very necessary in the future. Enjoy!
I read an interesting article that had some very interesting implications in it. It discusses the multiplier and the effects of fiscal stimulus on an economy. In it was another article, by Ethan Ilzetzki, Enrique Mendoza, and Carlos Vegh, entitled “How Big (Small?) are Fiscal Mutlipliers?” Here is a summary of the conclusions (emphasis mine): We contribute [...]

