Ramanan — Evan Soltas Is The Future Greg Mankiw

Ramanan beat me to it. I actually started writing something like this yesterday buy didn't have time. Beats me why anyone is listening to, or economists engaging with an undergrad in economics, even though he is studying at Princeton and is obviously a bright kid with a future. I thought he had promise when he started out, but he has seen the promised land from the top of the mountain, his perch at The Washington Post, and it is a chair at Harvard. Sell out.

The Case For Concerted Action by
Evan Soltas Is The Future Greg Mankiw
Ramanan

Brad DeLong — Malinvestment In The Recession?

I think Daniel Kuehn mistakes Evan Soltas's point. Soltas is arguing not against the fundamentalist Austrians and their claims that the depression is caused by previous malinvestment in the boom. Soltas is arguing against the Martin Feldstein's who claim that interest rates need to be high during the bust in order to guard against additional malinvestments committed then.

Grasping Reality
Malinvestment In The Recession?
J. Bradford DeLong | Professor of Economics, UCAL Berkeley

Evan Soltas — How to Think About Malinvestment

Evan schools Larry Summers and Austrian economists about "malinvestment" in a recession owing to low interest rates. NOT.

Evan Soltas
How to Think About Malinvestment
(h/t Brad DeLong)

Steve Randy Waldman — Hidden profits, hidden rents

Evan Soltas attracts the attention of SRW with his analysis of profits and rents.

Evan Soltas has a very good post on the explosive growth of the financial industry since the end of World War II. As a share of GDP, in terms of profits, and in terms of payroll, postwar America has been truly been a golden age for bankers, brokers, and fund managers.
In fact, it’s even better than it looks!

Interfluidity
Hidden profits, hidden rents
Steve Randy Waldman

Evan Soltas — Economics Is Platinum: What the Trillion-Dollar Coin Teaches Us

A few mistakes, like the use of monetary policy, but overall pretty good for a teenager. The only places he goes wrong is when he has listened to the economists.

Bloomberg | The Ticker
Economics Is Platinum: What the Trillion-Dollar Coin Teaches Us
Evan Soltas

Paul Krugman — A Double Shot of Misunderstanding

Paul Krugman puts on his white hat and attacks the debt and deficit posse.

The New York Times | The Conscience of a Liberal
A Double Shot of Misunderstanding
Paul Krugman | Professor of Economics, Princeton University

See also Krugman's companion post, On the Economics and Politics of Deficits

Grand Bargain or Great Scam?

Evan Soltas, mentioned therein, amplifies in Follow-Up: Deficit Cyclicality