Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Loading...
Most Recent Stories

My Favorite Posts from 2013

Whew.  What a year.  I wrote a lot of words.  Some smart.  Some stupid.  I tried to provide kernels of knowledge and useful information where I could.  Unfortunately, out of the hundreds of posts here there were probably only 20 or so that were really worth reading.  I’ve probably overlooked a few, but here are a few of my favorite ones from 2013:

 

 

 

  • Understanding the Savings Portfolio – My concept of the Savings Portfolio is an important concept in portfolio construction that I hope more and more people will better understand when constructing their own portfolios or hiring someone else to construct portfolios for them.

 

 

 

  • Understanding Moneyness – One of the more improtant pieces I wrote this year and a helpful addition to my paper on the monetary system about understanding the concept of “moneyness”.

 

 

  • Credit IS Money – Another important monetary system piece in which I explain why credit is money.

 

 

 

  • For the seriously wonky (and bored), my back and forth with Paul Krugman:

Cullen Roche: The Failure of the IS/LM Model in Predicting the Crisis

Paul Krugman: Banks and the Monetary Base

Cullen Roche: Banks and the Monetary Base – A Friendly Response to Paul Krugman

Paul Krugman: The Monetary Base, IS-LM, And All That

Cullen Roche: Economath: economics – IS/LM – Krugman Cross = Win

Paul Krugman: Banks as Creators of “Money”

Cullen Roche: Banks are Special – the Ins and Outs of Money

 

 

Comments are closed.