My favorites

From oldest to newest:

Do deficits matter, and if so, which ones?

How we got here

Passive Investing 101

Nominal exchange rates are not the same as real exchange rates

Krugman’s baby-sitting co-op story reconsidered (this got linked by Tyler Cowen)

Imagining a world without enormous bank bailouts

A summary of the situation in Europe

Is deflation really worse than inflation?

Some thoughts on bank equity capital requirements

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