This is Alexander Hamilton's Typepad Profile.
Join Typepad and start following Alexander Hamilton's activity
Join Now!
Already a member? Sign In
Alexander Hamilton
Recent Activity
in history---I don't such How expansionary was the monetary policy used to finance the Great Pyramids or down town Rome 2000 years ago?
Toggle Commented Sep 2, 2012 on 'Why Berate Bernanke?' at Economist's View
1 reply
since the mid 1970s we have been running the economy to "protect" savers and look were that got us. As Noah and many before him have documented, doing such broke the economy then and it hasn't been fixed since.
Toggle Commented Sep 2, 2012 on 'Why Berate Bernanke?' at Economist's View
1 reply
Dube didn't say that QE 1 caused inflation, he said it didn't work. He didn't say all the bank reserves would cause inflation, either, so why do you attribute such a statement to him. I believe he is in agreement with your statement that the deposits created by QE will not be used by the investment institutions for real investment until the climate for investment is good. In the US, and the EU it is not good enough, which is why is asks, Give me an example. Regarding Goodhart's law, you apply it too narrowly. Goodhart's law tells us that once a gov't becomes as dysfunctional as ours, no smaller measure matters and, instead, all that matters is the rising price of gasoline at the corner gas station on the way to work.
Toggle Commented Sep 2, 2012 on 'Why Berate Bernanke?' at Economist's View
1 reply
tariffs have to be passed by Congress---won't happen, but we should use as cheap a dollar as possible to buy oil.
Toggle Commented Sep 2, 2012 on 'Why Berate Bernanke?' at Economist's View
1 reply
Having had an unusual career path, law teacher then private law practice, I agree with the observation but completely disagree with the reason. First, having been around legal education for 40 years, I will state, first hand, that I have only ever know or heard of one law teacher worthy of an A for their classroom performance. A good friend of mine took Torts at Arkansas from Robert Leflar. Leflar taught the text, but for every point provided the students with the pertinent Arkansas cases on the same points, as well as pleadings, discovery, and jury instructions. IOW, he taught Torts, not what I call-half torts. A good student at the end of his or her first year knew how to prepare or defend most garden variety tort cases. Today, there is no a faculty in America that works hard enough to perform this task. Instead, we have BS research and super pandering to CATO and the Federalist Society. Second, the faculty knows nothing about the law practice. Lawyers don't give a damn about the law; they are dealing with The Psychology of Human Misjudgment. Read Munger's speech at Harvard (and if you don't know Munger you know nothing about the law practice) Last, and most importantly, law students now know, after Obamacare has been to the supreme court, that there entire professional lives will be nothing but courts appearances before ring wing judges afflicted with Legal Casuistry. Judges are not worthy of respect today. Teachers and deans who talk about reasoning, etc., etc., are barking up a tree to students who are doing everything possible to remain moral. Nothing sickens me more than to see a Dean introduce students to a Scalia or Alito. These are dead men with dead souls. You want students to come and talk. Start with the fundamental problem for legal education. Dred Scott was decided by judges totally unworthy of the designation. Give students the tools so that they can easily and readily identify the Taneys in the current crop on the bench.
Toggle Commented Aug 1, 2012 on Self-Service Education at The Faculty Lounge
Canadian professor, Annalise Acorn, has recently written a paper on the ways that standard law school instruction teaches law students to be professional procrastinators. I found her argument compelling. She presented the paper at the ILEC-V conference along with a student of hers who was able to offer first-hand, concrete examples of the problem.) citation or Link please
Toggle Commented Aug 1, 2012 on Self-Service Education at The Faculty Lounge
Alexander Hamilton is now following The Typepad Team
Jul 31, 2012