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← The probability of a self-fulfilling bad equilibrium in sovereign debt…
17 connected korrents · 10 moments from 20 Oct 2018 to 16 Sept 2026. Nearly all of them are about JavaScript .
Everything filed under fiscal policy
fiscal policy
Everything filed under public debt
public debt
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TypeScript
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hiring Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: The probability of a self-fulfilling bad equilibrium in sovereign debt markets depends little on the debt level itself, but is much reduced by a rule linking the primary balance to debt service increases. The probability of a self-fulfilling bad equilibrium in sovereign debt markets depends little on the debt level itself, but is much reduced by a rule linking the primary balance to debt service increases. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A designer's assumption about where a component belongs is a personal assumption and does not mean that the market or the users will react to the component that way. — tap to centre the map on it A designer's assumption about where a component belongs is a personal assumption and does not mean that the market or the users will react to the component that way. Last stated 7 months ago
2 Apr 2026
MS
Marvin Schwaibold — holds since 2026-04-02 — tap for who they are
Same subject: A proprietary language licensed from Microsoft had zero chance in the JavaScript ecosystem: TypeScript had to be open source or nobody would come. — tap to centre the map on it A proprietary language licensed from Microsoft had zero chance in the JavaScript ecosystem: TypeScript had to be open source or nobody would come. Last stated 5 months ago
13 May 2026
AH
Anders Hejlsberg — holds since 2026-05-13 — tap for who they are
Same subject: Because its types are erased before the program runs, TypeScript can afford not to be sound: checking 99% beats the 0% JavaScript checked, and buys features a sound language cannot offer. — tap to centre the map on it Because its types are erased before the program runs, TypeScript can afford not to be sound: checking 99% beats the 0% JavaScript checked, and buys features a sound language cannot offer. Last stated 5 months ago
13 May 2026
AH
Anders Hejlsberg — holds since 2026-05-13 — tap for who they are
Same subject: Fiscal multipliers vary across time and place but are generally nonzero, positive for spending, negative for taxes, and larger when monetary policy cannot offset them. — tap to centre the map on it Fiscal multipliers vary across time and place but are generally nonzero, positive for spending, negative for taxes, and larger when monetary policy cannot offset them. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Front-end is, at the end of the day, CSS and JavaScript, and Claude (Opus in particular) and Composer are really great at it. — tap to centre the map on it Front-end is, at the end of the day, CSS and JavaScript, and Claude (Opus in particular) and Composer are really great at it. Last stated 5 months ago
26 May 2026
AM
Andy Madrick — holds since 2026-05-26 — tap for who they are
Same subject: Function colouring is the real cost of async/await, and green threads like Go's avoid it — but for an existing runtime such as JavaScript or C#, async/await was still the right solution. — tap to centre the map on it Function colouring is the real cost of async/await, and green threads like Go's avoid it — but for an existing runtime such as JavaScript or C#, async/await was still the right solution. Last stated 5 months ago
13 May 2026
AH
Anders Hejlsberg — holds since 2026-05-13 — tap for who they are
Same subject: Getting candidates off script to see how they react and think on their feet gives a much more accurate idea of what working with them day-to-day is like. — tap to centre the map on it Getting candidates off script to see how they react and think on their feet gives a much more accurate idea of what working with them day-to-day is like. Last stated 6 months ago
28 Apr 2026
PD
Polly D'Arcy — holds since 2026-04-28 — tap for who they are
Same subject: Good things happen when you do not test implementation details: tests written with the React and Vue testing libraries look almost identical. — tap to centre the map on it Good things happen when you do not test implementation details: tests written with the React and Vue testing libraries look almost identical. Last stated 8 years ago
20 Oct 2018
KD
Kent C. Dodds — holds since 2018-10-20 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets. — tap to centre the map on it Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets. Last stated 2 months ago
28 Aug 2026
BC
Ben Carlson — holds since 2026-08-28 — tap for who they are
Same subject: Republicans' long-term strategy since Reagan has been to spend heavily on things that don't benefit the non-rich, refuse to raise taxes, and thereby balloon the national debt. — tap to centre the map on it Republicans' long-term strategy since Reagan has been to spend heavily on things that don't benefit the non-rich, refuse to raise taxes, and thereby balloon the national debt. Last stated a month ago
16 Sept 2026
RS
Richard Stallman — holds since 2026-09-16 — tap for who they are
Same subject: Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation. — tap to centre the map on it Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation. Last stated 2 years ago
8 Jan 2025
LA
Lyn Alden — holds since 2025-01-08 — tap for who they are
Same subject: The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. — tap to centre the map on it The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: The real danger of high government debt is the policy errors it provokes, not a debt crisis. — tap to centre the map on it The real danger of high government debt is the policy errors it provokes, not a debt crisis. Last stated 2 months ago
28 Aug 2026
BC
Ben Carlson — holds since 2026-08-28 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. — tap to centre the map on it A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
At the centre
The probability of a self-fulfilling bad equilibrium in sovereign debt markets depends little on the debt level itself, but is much reduced by a rule linking the primary balance to debt service increases.
Holds Read this korrent →
A designer's assumption about where a component belongs is a personal assumption and does not mean that the market or the users will react to the component that way.
Holds
A proprietary language licensed from Microsoft had zero chance in the JavaScript ecosystem: TypeScript had to be open source or nobody would come.
Holds
Because its types are erased before the program runs, TypeScript can afford not to be sound: checking 99% beats the 0% JavaScript checked, and buys features a sound language cannot offer.
Holds
Fiscal multipliers vary across time and place but are generally nonzero, positive for spending, negative for taxes, and larger when monetary policy cannot offset them.
Holds
Front-end is, at the end of the day, CSS and JavaScript, and Claude (Opus in particular) and Composer are really great at it.
Holds
Function colouring is the real cost of async/await, and green threads like Go's avoid it — but for an existing runtime such as JavaScript or C#, async/await was still the right solution.
Holds
Getting candidates off script to see how they react and think on their feet gives a much more accurate idea of what working with them day-to-day is like.
Holds
Good things happen when you do not test implementation details: tests written with the React and Vue testing libraries look almost identical.
Holds
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Holds
Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets.
Holds
Republicans' long-term strategy since Reagan has been to spend heavily on things that don't benefit the non-rich, refuse to raise taxes, and thereby balloon the national debt.
Holds
Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation.
Holds
The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad.
Holds
The real danger of high government debt is the policy errors it provokes, not a debt crisis.
Holds
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Holds
A government's debt dynamics are a household's or a company's, except that it can print money and tax -- and those two powers are what change the ending.
Holds