Sorry for the blogging hiatus. I have been busy with other projects--I am seeking tenure after all and have to produce research that counts toward that goal--and activities. Some of these activities have been several trips to Capital Hill to do briefings on nominal GDP targeting to Congressional and Senate staffers. One of those trips was yesterday, with Scott Sumner and I presenting to a group of about 70 staffers. Former Dallas Fed President Bob McTeer moderated. Here are the slides I used in my talk and here is Scott's new paper on NGDP targeting. We had a good time and hopefully changed some thinking on the Hill. Thanks to John C. Goodman and the NCPA for making this happen.