Stephen Marglin Heterodox Economics

All American Investor

Tip of the hat to GREG MANKIW'S BLOG.

This is a talk from a few days ago, as part of the "Occupy Harvard" movement. Steve says a lot of interesting things here, and I agree with more than many in the audience might suppose. A main disagreement I have with Steve is pedagogical. -- Greg Mankiw

Money Supply, M2, Comparison Chart

M2 includes a broader set of financial assets held principally by households. M2 consists of M1 plus: (1) savings deposits (which include money market deposit accounts, or MMDAs); (2) small-denomination time deposits (time deposits in amounts of less than $100,000); and (3) balances in retail money market mutual funds (MMMFs). Seasonally adjusted M2 is computed by summing savings deposits, small-denomination time deposits, and retail MMMFs, each seasonally adjusted separately, and adding this result to seasonally adjusted M1.

Roubini Global Economics -- Emerging Asia’s On/Off Switch

In 2009 and the first half of 2010, low interest rates and an uncertain global outlook led to strong, volatile capital inflows into some of Asia’s most promising economies. Policymakers in these places—which include, among others, Hong Kong, Taiwan, Singapore, South Korea, Indonesia and India—have searched for the best ways to control the on/off switch, to prevent volatility from undermining their economic growth. We examine this trend in a recent analysis, available to RGE clients, which surveys the measures implemented in each of the countries noted above.

U.S. ECONOMIC STATISTICS - MONTHLY DATA (Table)

http://www.ustreas.gov/offices/economic-policy/macroecon/monthly_economic_data.pdf

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The Number One Best Selling Book On Amazon

You may or may not be surprised to learn that the number one, best selling, book on Amazon is by an economist.



The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. A. Hayek)

If you are wondering how and why this book is number one -- go here.

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