Posts Tagged ‘Alexander Hamilton’

  • bank..16554_4.9_000012530676XSmall

    Financial Intermediaries: Banking Matters

    Jun 11, 13 • 468 Views • No Comments

    Imagine selling your house without depositing the money in a bank or taking your savings with you wherever you go. In Myanmar (Burma), this seemingly irrational behavior has been logical. In 1987, when Myanmar’s socialist government became concerned......  [read more]

  • Secretary of the Treasury: Jack Lew’s Signature

    Jan 10, 13 • 755 Views • No Comments

    Asked why his signature on US currency differed from the usual way he had been signing his name, Secretary of the Treasury Timothy Geithner explained that it had to be legible. With most people assuming that President Obama’s Chief of Staff, Jacob Lew,......  [read more]

  • The US is again hitting its debt ceiling.

    Debt Ceiling: A Treasury Note

    Dec 28, 12 • 400 Views • No Comments

    Secretary of the Treasury Geithner just sent Senate Majority Leader Harry Reid a letter. Noting that in 5 days the US will again have hit the debt ceiling, Secretary Geithner explains that actually, we might have an extra 2 months. In an appendix to his......  [read more]

  • shoes, status signals and property rights

    Innovation: More (or Fewer?) Sole Rights

    Sep 8, 12 • 923 Views • No Comments

    A book that you write is your intellectual property. But what if you design the sole of a shoe? As econlife described last year: “The trademark of designer Christian Louboutin, his red soles are supposed to represent glamour, luxury and hidden status.......  [read more]

  • Economic Independence Day

    Jul 4, 12 • 331 Views • No Comments

    Alexander Hamilton must have been worried. In 1790, as Secretary of the Treasury, a troubled economy had become his responsibility. He had a huge federal debt to fund, a banking sector that was distressed, and an economy to stimulate. Sound familiar? Hamilton......  [read more]