You're probably thinking no, of course not. The dollar price of bitcoin can be quite volatile (see here). One can easily gain or lose 50% over a very short period of time. So if we're talking about an asset that offers a...
Is Bitcoin a Safe Asset?
Does the Fed have a credibility problem?
Former Minneapolis Fed president Narayana Kocherlakota thinks that the Fed's recent communication strategy has resulted in an unforced "credibility dilemma." (The Fed's Credibility Dilemma.) What is the nature of this dilemma?The...
How to set Authorization header in all SoapUI test cases via Script
To set the Authorization header in each test case of a testSuite, we run the script below.import com.eviware.soapui.impl.wsdl.teststeps.*import com.eviware.soapui.support.types.*;StringToStringMap headers = new StringToStringMap();StringToStringMap headersForSuper = new StringToStringMap(); String userPass...
Mabel Frances Timlin (1891-1976)
I had the honor and pleasure of delivering the 30th Timlin lecture in economics at the University of Saskatchewan last Wednesday. My talk was on Secular Stagnation, a topic I think Timlin would have approved of. I enjoy...
Secular stagnation then and now
Secular stagnation refers to a prolonged and indefinite period of slow growth and high unemployment (or subnormal factor utilization). When was the last time this happened in the United States? Most people are likely to...
How to output mysql query result into a file
See sql script below:SELECT code, name, continent, region FROM country INTO OUTFILE 'c:/temp/countries.csv' FIELDS TERMINATED BY ',' ENCLOSED BY '"' LINES TERMINATED BY '\...
Alvin Hansen's Secular Stagnation Hypothesis
The phrase secular stagnation was first introduced by Alvin Hansen in a speech he prepared for the AEA meetings in 1938: Economic Progress and Declining Population Growth. If you haven't read the speech, I recommend that...
The Great American Slump
Back in 2010, I asked whether the U.S. might be in for a prolonged economic slump, similar to what Canada experienced in the 1990s (The Great Canadian Slump). It looks like the answer should have been "yes."I think this...
Vindkraft er dårlig butikk
Subsidiene som går til Fosen vindpark kunne vært brukt bedre. Utlendinger skal eie 40 prosent av Fosen vindpark. Om det hadde vært vann og ikke luft som passerte turbinene ville dette vært ulovlig. Er det fordi vindkraft...
