Normally I do not release pieces on Saturdays or Sundays. However, this is the third anniversary of the first piece I ever sent of this newsletter. That brief note, appropriately titled “Sign of the Times”, was more like a glorified social media post than
Special note to readers. Typically, when I haven’t written in a while for the newsletter I will write a few free pieces, and then write some premium pieces as a reward to loyal paid subscribers (and motivate people to take out paid subscriptions.
Financial crisis nerds have had quite a weekend. In short order the one-of-a-kind Silicon Valley Bank began to reportedly be experiencing losses, and large uninsured depositors began loudly and aggressively “pulling” their deposits.
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Lately, the 1970s have loomed large in economic commentary, thanks to a
recurrence of panic over inflation. History is often invoked in mainstream press
coverage about economic
Subscribe [https://www.crisesnotes.com/#/portal/signup]On this episode we have a
very special guest, economist Daniel Mitchell on his time as the chief economist
of Nixon’s pay board, the “wages” part of wage and price controls. He is also
coauthor, along
Subscribe [https://www.crisesnotes.com/#/portal/signup]Last Wednesday the Biden
Administration announced a number of changes to how student debt would be
treated by the Federal Government. They all were important, but the change
attracting the most attention was canceling ten thousand dollars
Subscribe [https://www.crisesnotes.com/#/portal/signup]At the end of July, a few
hours after I wrote about Employ America’s Oil and Gas proposal
[https://www.crisesnotes.com/is-insuring-the-oil-and-gas-industry-the-right-response-to-the-fallout-from-ukraine/]
, the Biden administration implemented a modified form of their proposal. To
briefly summarize,
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Subscribe [https://www.crisesnotes.com/#/portal/signup]So far this month I have
been focusing on catching up to various different