c**i
发帖数: 6973 | 1 【 以下文字转载自 Taiwan 讨论区 】
发信人: choi (choi), 信区: Taiwan
标 题: Economics: Japan's Lesson; China's Overcapacity
发信站: BBS 未名空间站 (Mon Dec 15 14:37:00 2008)
I am sorry, but the website of Financial Times (www.ft.com) is down. So I
cannot provie you with the URLS for the two articles I recommend.
There are two superb articles today in Financial Times. I won't quote either
of them, for I recommend you read the entire articles.
(1) David Pilling and Mure Dickie, BOJ Governor GivesLessons on How to Beat
Defl | c**i
发帖数: 6973 | 2 It seems that the position of Financial Times, if not world economists, is
Japan in 1990s offers a lesson.
(1)
(a) Krishna Guha, US Fed Slashes Rates to Near Zero; Policymakers Move into
Uncharted Waters; Decision Comes As Deflation Grows. Financial Times, Dec.
17, 2008.
(b) Fed Dips into Toolbox to Fix Long-Term Rates; With Overnight Rate Cuts
Exhausted, the Bank Has a Variety of Other Means to Reinvigorate Activity.
Financial Times, Dec. 17, 2008.
http://www.ft.com/cms/s/0/24b5a38e-cbda-11dd-b
【在 c**i 的大作中提到】
: 【 以下文字转载自 Taiwan 讨论区 】
: 发信人: choi (choi), 信区: Taiwan
: 标 题: Economics: Japan's Lesson; China's Overcapacity
: 发信站: BBS 未名空间站 (Mon Dec 15 14:37:00 2008)
: I am sorry, but the website of Financial Times (www.ft.com) is down. So I
: cannot provie you with the URLS for the two articles I recommend.
: There are two superb articles today in Financial Times. I won't quote either
: of them, for I recommend you read the entire articles.
: (1) David Pilling and Mure Dickie, BOJ Governor GivesLessons on How to Beat
: Defl
| l******n
发帖数: 213 | 3 路过。。。没仔细看。
首先，经济不等于经济学。
其次，经济学家不等于股评家。 | c**i
发帖数: 6973 | 4 发信人: choi (choi), 信区: Taiwan
标 题: Re: Economics: Japan's Lesson; China's Overcapacity
发信站: BBS 未名空间站 (Sat Dec 20 14:59:16 2008)
I went to a library and copied the relevant paragraphs from the print
edition. I guess laypersons won't be interested but those who are curious
about economics or the economists are dying to know.
Quote:
"The fed fund rate, the overnight rate at which banks lend surplus fund to
each other, is only one of the countless interest rates that affects the
economy, though it i | l******n
发帖数: 213 | 5 To know the difference between your so-called layperson and econo-fucking-
mists,
Read this first (use google):
The Macroeconomist as Scientist and Engineer (Mankiw) |
|
