Operating Procedures

The Fed sets interests rates. But how does the Fed set interest rates? The Fed is undergoing a big review of this question. We had a little...

Billing Types--Are You Using Them?

Central Bank Independence

I'm on a panel at the " ECB and its watchers " conference Wednesday, to discuss central bank independence. Here are my comment...

Concentration increasing?

Is the US economy getting more concentrated or less? At the aggregate level, more. This is a widely noted fact, leading quickly to calls for...

Spring snowmelt, rain will increase chance of floods, landslides

According to FEMA Region X, most watersheds in Washington are near their average snowpack levels for this time of year. That’s a good thing ...

Less listing

Torsten Slok at DB sent along this lovely graph. The underlying paper  "Eclipse of the Public Corporation or Eclipse of the Public Ma...

Speed Up Your Note Writing Process

Writing clinical notes can be a time-consuming part of any doctor, assistant, or hygienist’s job. The note-writing process can go a lot fast...

Monopoly in history

Timothy Taylor, the Conversable Economist, tracks down the oft-told story of William Lee and his knitting machine . ...the 2019 World Devel...

Competitive deposits?

In its death note to narrow banks  (link to  Federal Register  where you can post comments;  previous post ),  the Fed claimed charmingly th...