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March 5, 2024

Ukraine
The President’s Inbox Recap: Year Three of the Ukraine War

February 24 marked the beginning of the third year of Russia’s full-scale invasion of Ukraine.

A soldier as viewed driving a tank in Ukraine.

August 3, 2009

Turning on a Paradigm

This post is by Mark Dow Very few things rouse the rabble as much as an ideological debate. And over the past year it has been looking like we are having the beginnings of a nasty one in economics …

July 10, 2009

Weekly Federal Reserve balance sheet update

This post is by Mark Dow This just hit my inbox, from the research team at Barclays. Since we’ve talked a fair amount of late about the Fed balance sheet, I thought I’d pass it on. "Weekly Federal …

July 8, 2009

The Monkey Multiplier

This is Mark Dow. Brad is still away. There has been a lot of response to the assertion I made the other day that base money has not been growing since December, and that the money multiplier is not…

The M2 Money Multiplier vs Base Money, last 16 months

July 7, 2009

Muito Forte

This is Mark Dow here. Brad’s still on vacation. Here’s a quick chart  for anyone questioning the conditional convergence growth hypothesis in emerging markets. In English, the hypothesis loosely p…

Brazilian vehicle sales vs US vehicle sales, 2001-2009, normalized