Have Antiques Lying Around? Here’s Where You Can Sell Them For Cash

So maybe you’re looking around your house and seeing lots of vintage items that your grandparents left you. You have no need for these antiques but you know that they may be worth something. The question is: how much? And just where can we sell antiques? Some places you can sell your antiques are: online, …

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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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100% Reserve Banking — The History

So both John Cochrane and Martin Wolf are advocating 100% reserve banking. If these two agree on anything, it’s worth taking seriously! (It’s pretty amazing how advocates for narrow banking come from across the political spectrum.) We have some thoughts on banking and private money creation, but you’ll have to read our book to figure out what they are. Instead, we …

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Inequality in Well-Being

As we mentioned in our post yesterday, economists care much more about inequality in well-being rather than inequality in income or wealth. Data on well-being are more difficult to gather, but we discussed some evidence that inequality in consumption also increased from 1980 to 2010. Consumption directly affects the utility of an individual in most economic models. Income does not. Here is some …

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