Posts Tagged ‘Alexander Hamilton’

  • The US is again hitting its debt ceiling.

    Debt Ceiling: A Treasury Note

    Dec 28, 12 • 268 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 • 641 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 • 222 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]

  • Dark Moody Full Moon One Day Waning Part Covered by Dark Cloud

    Economic Disagreement

    Jun 6, 12 • 247 Views • No Comments

    Astronomy might help us understand US history according to biographer Walter Isaacson. We just need to think about binary systems in which 2 separately orbiting stars “are linked because of their gravitational interaction.” The tension between...  [read more]

  • Thomas Sargent and Cutting the deficit

    Alexander Hamilton, George Washington and the Euro Zone

    Dec 13, 11 • 253 Views • No Comments

    How to decide euro zone policy today? Just look at the U.S. between 1780 and 1840. Saturday, in his Nobel Prize lecture, economist Thomas J. Sargent compared the past U.S. to the current euro zone. He based his talk on 4 questions: Should governments default...  [read more]