Sentences I Might Have Said

Well, I did say them, actually. I was interviewed on mortgages and housing. If you look closely at zoom-out shots, you can see my black tennis shoes.

The remaining 2-1/2 minutes of the interview are here. Watch me try to use that time to try to explain all of macroeconomics, growth theory, international trade, and the distribution of income.

1 thought on “Sentences I Might Have Said

  1. I really liked your comment on shadow banking. The growth of what (I now realise) Americans call “shadow banking” was part of the argument for the liberalisation of the Australian financial markets. As far as I am aware, we nowadays don’t have much of a shadow banking sector.

    Also, walk-away mortgages, always found them weird. In Australia, if you borrow the money you borrow the money and they will hunt you down for it.

    Really liked your essay on the financial crisis, indeed blogged about it here.
    http://lorenzo-thinkingoutaloud.blogspot.com.au/2014/11/a-regulatory-wrinkle-from-rational.html

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