Tag Archives: Finance

A Digression on University Finance

Well, you may have caught Alex Usher’s HESA post this week on university finances.  He presented data on university operating budgets from the CAUBO/Statistics Canada financial survey for the period 2007-08 to 2011-12 that shows that university budgets went up by 28 percent.  This is quite intriguing because while universities maintain they have been having […]

Fiscal Death Watchlist

I found Nick Rowe’s post Is Japan Already Dead quite inspiring so I decided to dig up the most current IMF World Economic Outlook Database for numbers on net debt to GDP ratios.  Japan – which may already be dead – has a net debt to GDP ratio in 2012 of 134 percent.  An estimate […]

That’s not shadow banking, that’s the stock and bond markets

Paul Krugman has a flow chart showing flows of savings from ultimate lenders to ultimate borrowers. One arrow goes via the banks. Paul labels it "traditional banking"; that's fine. People deposit their savings in banks, and the banks lend those savings to other people or firms. But a second arrow goes directly from "the public" […]