"It is easy to confuse what is with what ought to be, especially when what is has worked out in your favor."
- Tyrion Lannister

"Lannister. Baratheon. Stark. Tyrell. They're all just spokes on a wheel. This one's on top, then that's ones on top and on and on it spins, crushing those on the ground. I'm not going to stop the wheel. I'm going to break the wheel."

- Daenerys Targaryen

"The Lord of Light wants his enemies burned. The Drowned God wants them drowned. Why are all the gods such vicious cunts? Where's the God of Tits and Wine?"

- Tyrion Lannister

"The common people pray for rain, healthy children, and a summer that never ends. It is no matter to them if the high lords play their game of thrones, so long as they are left in peace. They never are."

- Jorah Mormont

"These bad people are what I'm good at. Out talking them. Out thinking them."

- Tyrion Lannister

"What happened? I think fundamentals were trumped by mechanics and, to a lesser extent, by demographics."

- Michael Barone

"If you want to know what God thinks of money, just look at the people he gave it to."
- Dorothy Parker

Sunday, March 02, 2014

There's no free lunch in economics!

Why the Fed’s taper could still cause a market meltdown by Ylan Mui

The Fed and the Skittish Financial Markets by Jared Bernstein

2014 US Monetary Policy Forum

Elementary: “The One Percent Solution” by By Genevieve Valentine

I liked how Sherlock disparaged the financial sector as "three card monte." And the episode got at the sense of entitlement of the one percent.

Econospeak and Krugman

Fiscal Stimulus Deniers: John Versus John by ProGrowthLiberal

A Transparency Paradox At The Fed by Barkley Rosser

CBO Mix-And-Match by Krugman

American Austerity, Charted Yet Again by Krugman