Brad DeLong's Brain...
Evan Soltas Says That "Malinvestment" Due to Low Interest Rates in a Depressed Economy Isn't a Thing

Noted for July 30, 2013

Barry Ritholtz: St. Louis Fed: After the Fall: This year’s essay focuses on the need to rebuild household balance sheets in the wake of the financial crisis, a need that is important not only for families but for the economy overall. The co-authors are the director and chief economist for the St. Louis Fed’s new Center for Household Financial Stability | Adam Posen: Op-ed: The Cult of Home Ownership Is Dangerous and Damaging | Aaron Carroll: Government run health care in Montana | Paul Krugman: Triumph of the Doves | Prairie Weather: Obama tried the "right" thing, decides to do what's really needed |