James Oliver recently e-mailed me a shortlist of people I could consider adding to the “Too Brittle to Sustain” club: Bill Woolsey Bill Woolsey is an excellent… Read more “A Warm Welcome”
Tag: Monetary
Smackdown! George Selgin Edition
From the comments: Your arguments about currency competition has merit w.r.t. proposals for competing base or fiat monies. It has none w.r.t. competitive supply of redeemable bank… Read more “Smackdown! George Selgin Edition”
You Were Not Invited
Ever wonder what it would be like to have Paul Krugman throw a party and then not invite you? Well that happened to me, today…but since I… Read more “You Were Not Invited”
Falling NGDP Makes Mountains out of Mole Hills
Further verification that the cause of the deepest part of the recession (2008Q3 onward) was tight money causing falling NGDP. Check out this map, courtesy of Mark… Read more “Falling NGDP Makes Mountains out of Mole Hills”
Assorted Links
Blogging may be slow for the next couple days, due to having a CT scan for a very persistent abdominal pain I’ve been experiencing for the last… Read more “Assorted Links”
Liquidity Traps are for Suckers
I intend this to be a two part series: the first will outline some recent commentary on liquidity traps and how taken together, the signify a larger… Read more “Liquidity Traps are for Suckers”
Matthew Sumner? Scott Yglesias?
These days, it’s getting harder and harder to tell! It seems to me that the best way to deal with this problem would be to say that… Read more “Matthew Sumner? Scott Yglesias?”
Mountains and Mole Hills
Gary Gorton’s questions and answers to the Financial Crisis Inquiry Commission is an excellent must-read for anyone wishing to firm up their grasp on the events of… Read more “Mountains and Mole Hills”
The Politics of Fed(merica)
Many people follow US politics, and inherently understand shifts in the electoral balance between Republicans, Democrats, liberals, conservatives, etc. The Fed is also “political”, but in a… Read more “The Politics of Fed(merica)”
The Output Gap…ing Hole
From the Federal Reserve Bank of San Fransisco released a chart comparison between actual RGDP and the potential RGDP trend. Needless to say, the implication is very… Read more “The Output Gap…ing Hole”