Robert Waldmann...They understand that public opinion matters...they understand that it’s a little harder to criticize someone after you’ve met him and he’s given you free cookies...they couldn't possibly have expected to change anybody’s mind, they understand that it’s better to talk to your critics than to avoid them. Waldman talks about [...]
RdanMaking sense of a bubbly world
STEVE WALDMAN has a fascinating post up today providing a framework for thinking about recent changes in patterns of consumption, investment, and business cycles. The story goes like this: before the Great Moderation, broad-based economic growth meant that economic gains largely accrued to [...]
Hoisted from comments: A recommendation for "harsh measures" from Robert Waldmann:
Ken Caldeira on Levitt and Dubner and Geoengineering: That's an excellent interview [with Caldeira]. On the other hand, I think we are getting close to the point where we ought to let Caldeira get back to doing research.
[...]Robert Waldmann writes:
Moody's Blue: This McClatchy article by Kevin G Hall seems important to me. It does rely a lot on accusations by disgruntled ex employees, but I guess that is unavoidable.
The lede:
WASHINGTON -- As the housing market collapsed in late 2007, Moody's' [...]
I really think Robert's head exploded somewhere in here:
Cochrane Vs Krugman ~ Angry Bear: According to Fox, [Cochrane] wrote:
The centerpiece of our crash was not the relatively free stock or real estate markets, it was the highly regulated commercial banks...
Now he can't [...]
