Book Related Links

Sorry we’ve been busy with the book, but will get back to posting soon. Here are some book-related links in case you’ve missed them: New York Times: The Case Against the Bernanke-Obama Financial Rescue Economist Free Exchange: The Opposite of Insurance Paul Krugman (NYT): Springtime for Bankers Book Interview on RT Boom/Bust Washington Post: Why Tim …

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A European House of Debt

The end of 2011 and early 2012 was one of the most stressful periods in modern European history. Even the otherwise composed German chancellor Angela Merkel was brought to tears. At issue was the very survival of European Union which had once again gone into a recession, and financial markets were seriously doubting the viability of the …

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Why the Housing Bubble Tanked the Economy And the Tech Bubble Didn’t

We answer this question in our post for Fivethirtyeight.com. Here’s an extract. In 2000, the dot-com bubble burst, destroying $6.2 trillion in household wealth over the next two years. Five years later, the housing market crashed, and from 2007 to 2009, the value of real estate owned by U.S. households fell by nearly the same amount — …

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Tim Geithner Is Wrong

We published our post over at WaPo’s WonkBlog today — one of our favorite sites. Here is the link As a quick follow up, here is a quote from a research paper by Richard Disney and others: “However, we do find a strong asymmetry in the response for households in “negative equity”—households in negative equity experiencing a surprise …

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Buy House of Debt!

Here are some places to buy it online: The book is officially available for purchase. Here are some places to buy it online: Amazon University of Chicago Press Here are some very early reviews of both the book and the blog (more are coming): Christina D. Romer, former chair of the Council of Economic Advisers “Mian …

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