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← The real interest rate in the long run is determined by market forces
17 connected korrents · 13 moments from 19 Aug 2004 to 1 Oct 2026.
Everything filed under interest rates
interest rates
Everything filed under surgical outcomes
surgical outcomes
Everything filed under economists
economists
Everything filed under inflation
inflation
Everything filed under public debt
public debt 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 real interest rate in the long run is determined by market forces The real interest rate in the long run is determined by market forces Last stated yesterday
1 Oct 2026
JC
John H. Cochrane — holds since 2026-10-01 — tap for who they are
Same subject: A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. — tap to centre the map on it A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — 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 a month ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate increases. — tap to centre the map on it A longer average debt maturity protects a government from temporary interest-rate spikes and gives it more time to adjust to permanent rate 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 new monetary network with its own unit can only bootstrap from zero to mass adoption through a period of upward price volatility. — tap to centre the map on it A new monetary network with its own unit can only bootstrap from zero to mass adoption through a period of upward price volatility. Last stated a year ago
6 Jul 2025
LA
Lyn Alden — holds since 2025-07-06 — tap for who they are
Same subject: A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable. — tap to centre the map on it A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them. — tap to centre the map on it Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them. Last stated 16 years ago
6 Sept 2010
SS
Scott Sumner — holds since 2010-09-05 — tap for who they are
SS
Scott Sumner — no longer holds since 2010-09-06 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. Last stated 6 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: An economy on a fixed, unprintable base money supply can sustain rapid long-run growth with zero cumulative price inflation. — tap to centre the map on it An economy on a fixed, unprintable base money supply can sustain rapid long-run growth with zero cumulative price inflation. Last stated 7 months ago
11 Mar 2026
LA
Lyn Alden — holds since 2026-03-11 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: A single risk-adjusted summary of a surgeon's results risks giving spurious credibility to analyses that ignore non-patient influences. — tap to centre the map on it A single risk-adjusted summary of a surgeon's results risks giving spurious credibility to analyses that ignore non-patient influences. Last stated 22 years ago
19 Aug 2004
DS
David Spiegelhalter — holds since 2004-08-19 — tap for who they are
Same subject: A surgeon's performance cannot be separated from that of the institution because quality depends heavily on institutional systems. — tap to centre the map on it A surgeon's performance cannot be separated from that of the institution because quality depends heavily on institutional systems. Last stated 22 years ago
19 Aug 2004
DS
David Spiegelhalter — holds since 2004-08-19 — tap for who they are
Same subject: Casemix makes it unwise to publish surgeons' unadjusted mortality figures for comparison. — tap to centre the map on it Casemix makes it unwise to publish surgeons' unadjusted mortality figures for comparison. Last stated 22 years ago
19 Aug 2004
DS
David Spiegelhalter — holds since 2004-08-19 — tap for who they are
Same subject: Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus. — tap to centre the map on it Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus. Last stated 3 years ago
1 Oct 2023
TC
Tyler Cowen — holds since 2023-10-01 — tap for who they are
Same subject: An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing. — tap to centre the map on it An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing. Last stated 3 years ago
1 Oct 2023
TC
Tyler Cowen — holds since 2023-10-01 — tap for who they are
Same subject: College is not a good career investment for most of the population. — tap to centre the map on it College is not a good career investment for most of the population. Last stated 2 years ago
19 Feb 2025
BC
Bryan Caplan — holds since 2025-02-19 — tap for who they are