Links of Interest
Gavin Kennedy corrects a misinterpretation of Adam Smith’s Theory of Moral Sentiments.
James Hamilton has a very informative post reviewing the Fed’s actions over the last 5 years. The Fed recently announced that it sold the last securities from its bailout of AIG, actually earning a profit: a net gain of $2.8 billion to the taxpayer. Perhaps a President Romney will take Glenn Hubbard’s advice and keep Bernanke on at the Fed?
The new Glenn Hubbard and Tim Kane blog is here.
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Brandon Dupont, Ph.D. is Associate Professor of Economics at Western Washington University where he teaches economic history, the history of economic thought, microeconomics, labor economics and political economy. He has published on a variety of topics in American economic history and labor economics and is currently working on an undergraduate history of economic thought textbook.