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Showing posts from December, 2018

The Fed as a Lender of Last Resort

Marginal Revolution University has a neat video on the Fed as a lender of last resort.


Is Nothing Sacred? Economists Look at Christmas

In the video below, the folks from Marginal Revolution University take a look at Christmas from an economics perspective. The deadweight loss of Christmas was the title of a paper back in 1993 by Joel Waldfogel.