Volume 6, Issue 3

Here is a recovery plan sure to work and as easy as child's play from W. Steven Barnett, the Board of Governors Professor of Education at Rutgers.

On Tuesday, 10 February 2009, Treasury Secretary Geithner proposed the aggregator bank ("public-private investment fund") as a key instrument to resolve the financial crisis. He left out many details, so Lawrence Ausubel and Peter Cramton explain how an aggregator bank might operate in practice, and argue that with proper design, such a bank could be better than TARP.

Amar Bhidé, the Glaubinger Professor of Business at Columbia University, argues for a return to narrow banking.

Even if you have a long time horizon, Brad Delong's advice to invest in stocks only makes sense if you are tolerant of risk, according to Zvi Bodie.

Edlin et al.'s reason to "vote for charity's sake" was a valiant attempt to justify, for the hard-nosed logical economist, why to vote on election day. The answer as to why we vote, however, may be simpler than trying to come up with a hypothetical charity value.

Bryan Caplan's equation of the uninformed or misinformed voter with an irrational voter is unjustified, and does not invalidate a rational voter model, according to Jamus Lim of the World Bank.

Come out, come out, wherever you are, says Eric Rasmusen.

Lok Sang Ho of Lingnan University takes issue with Edward Glaeser and Joseph Gyourko for their free-market views of housing, and argues that a price floor could be cheaper than you might think.