Macro and Other Market Musings
Friday, May 17, 2013
Narayana Kocherlakota on Safe Assets and the Natural Interest Rate
Narayana Kocherlakota, President of the Minneapolis Fed, recently participated in a panel where he discussed the key challenges facing cen...
Thursday, May 16, 2013
Abenomics and the Supply of Safe Assets
One of the big challenges facing the global economy is the shortage of safe assets. These are the h...
Tuesday, May 14, 2013
The Data Have a Market Monetarist's Bias
It almost seems unfair, as if the evidence is biased toward Market Monetarist's views. First it was the better-than-expected employment...
Sunday, May 12, 2013
Lars Christensen nails it on the confusion surrounding Abenomics: There has been a lot of foc...
Friday, May 10, 2013
Balance Sheet Recessions Are Really Nominal Income Recessions
I recently lamented the Fed's ongoing dereliction of duty as seen in the sustained declined of...
Sunday, May 5, 2013
The Seen and Unseen: Structural Budget Deficits Edition
On Friday I discussed the cyclically-adjusted U.S. budget deficit and asked any Keynesian to recon...
Friday, May 3, 2013
Despite my enthusiasm about what today's employment report means, Josh Barro says it does not vindicate the Market Monetarist's vi...
View web version