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Monthly Archives: June 2011
The Real Ariel Rubinstein. Exposed at his 60th birthday
A couple of months ago, one of the world’s leading game theorists (its unclear whether he would like to be called that anymore, but it is what he is generally considered to be), turned 60. To celebrate the occasion, some … Continue reading
John Cochrane on QE2
I have previously mentioned John Cochrane on this blog as a good example of an economist who insists on using sound academic arguments in even the most heated debates. That this does not imply death by boredom, he shows in … Continue reading
Posted in Economists
Tagged Ben Bernanke, Federal Reserve, John Cochrane, Quantitative easing
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Steady as she goes: The ECB keeps policy rate unchanged again
After having raised the key policy interest rate in April (from 1 to 1.25 %), the ECB kept it unchanged on June 9, thus repeating their “non-action” of May. This is a somewhat bold and perhaps unconventional move by a … Continue reading
Politics beat quality any day: Diamond calls it quits
Politics are powerful. Much more powerful than scientific arguments. This is probably a well-known dictum, and I am certain that I could find some cool references to great thinkers who have said something like this in the past. I have … Continue reading
Posted in Economists, Monetary policy
Tagged Central bank governance, Central bank independence, Paul Diamond
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