Via Paul Krugman, make sure you check this out. It’s a fantastic graphical representation of how Collateralised Debt Obligations work and what happens when people start defaulting on their mortgages.
About me
I'm an economics grad student at the London School of Economics. I'm Australian, but have lived in the UK for quite a few years now.
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- Presidential Race On Best Political Blogs: We need more Tantas | John Barrdear
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Economics (Academic)
- Alex Tabarrok & Tyler Cowen (George Mason U.)
- Andrew Leigh (Aust. National U.)
- Arnold Kling & Bryan Caplan (George Mason U.)
- Brad DeLong (U.C. Berkeley)
- Chris Blattman (Yale U.)
- Dani Rodrik (Harvard U.)
- Gary Becker & Richard Posner (U. Chicago)
- Greg Mankiw (Harvard U.)
- James Hamilton (U.C. San Diego) & Menzie Chinn (U. of Wisconsin)
- John Quiggin (U. Queensland)
- Joshua Gans (U. Melbourne)
- Justin Wolfers (U. of Pennsylvania)
- Mark Thoma (U. Oregon)
- Paul Krugman (Princeton U.)
- Steven Levitt (U. Chicago)
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