Entries by The Hand

Bank runs and TARP

This is a Hand post, but it is actually just the normal authors of the blog.  We all had the same idea at the same time 😀 Over at Anti-Dismal, Paul Walker reaches the conclusion that The moral of the story, markets can deal with asymmetric information In the case of bad and good banks.  […]

NZIER on emissions targets

So NZIER thinks it doesn’t matter whether we reduce local emissions or just pay off third-world countries to reduce them for us. Apparently the only important issue is whether we satisfy our responsibilities that we’ve committed to. The money quote is: It allows emissions reductions to take place in the country where it is cheapest […]