Bernanke: Promoting R&D

Bernanke lays out the role for government policies in promoting R&D in this speech. While the set of issues surely differs between the US and Ireland, this is relevant for the local debate here also.

Antoin Murphy: This time Morgan Kelly is wrong

My colleague adds to the Morgan Kelly literature in this SBP article.

Iceland’s Big Thaw

The NYT has a long magazine article on the Icelandic economic recovery: you can read it here.

Fiscal Rules

The Economics Focus page in this week’s Economist lays out the strengths and limitations of formal fiscal rules: available here.

Morgan Kelly’s New Warning

Available here (second item).