tag:blogger.com,1999:blog-5713178645208582139.post4369271912818734573..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Scott Sumner is Alive and WellDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5713178645208582139.post-9424883540640459542011-04-14T23:23:58.303-05:002011-04-14T23:23:58.303-05:00David,
I thought I saw Scott on Main Street in New...David,<br />I thought I saw Scott on Main Street in Newark, Delaware this week. He was with Elvis and Jerry and they seemed to be having a good time. <br /><br />That is all.Mark A. Sadowskihttps://www.blogger.com/profile/08259309059705236763noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-66494057167813204832011-04-13T00:55:13.157-05:002011-04-13T00:55:13.157-05:00“With nominal GDP targeting, you have the assuranc...“With nominal GDP targeting, you have the assurance that any slowdown in nominal GDP due to budget tightening can be offset by monetary policy.”<br /> <br />But a country can do that even if it doesn’t go for NGDP targeting, can’t it? Second, it strikes me monetary policy has already gone too far: e.g. quantitative easing has resulted in dollars fleeing the US in search of better yields around Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-46909141946201767322011-04-11T13:48:44.700-05:002011-04-11T13:48:44.700-05:00Excellent paper by Scott Sumner.
I really envoura...Excellent paper by Scott Sumner.<br /><br />I really envourage the NGDP crowd to get together and author a piece for the WSJ. <br /><br />They recently ran an op-ed in favor of the gold standard.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-44466015537545765982011-04-11T12:57:03.444-05:002011-04-11T12:57:03.444-05:00Oops, I did read too fast. So thanks to JoeMac fo...Oops, I did read too fast. So thanks to JoeMac for the kind words and kudos to Marcus for his blog.David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-52209441127373199602011-04-11T12:23:11.324-05:002011-04-11T12:23:11.324-05:00JoeMac
Don´t feel bad. I think David saw the "...JoeMac<br />Don´t feel bad. I think David saw the "same intials" of our names and answered as one! the "kind words and the link" is directed to you.João Marcushttps://www.blogger.com/profile/13658264244033012660noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-21658692596610038482011-04-11T12:12:05.590-05:002011-04-11T12:12:05.590-05:00Thanks Marcus for the kind words and the link. Yo...Thanks Marcus for the kind words and the link. You are doing a fine job yourself with your blog. Keep it up.David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-70672019125079500272011-04-11T12:07:03.363-05:002011-04-11T12:07:03.363-05:00Here's a link to the paper, so everyone can re...Here's a link to the paper, so everyone can read it...<br /><br />http://www.adamsmith.org/files/ASI_NGDP_WEB.pdf<br /><br />I commend you on the wonderful work you, David, and the other quasi-monetarists have done in recent years. You should be very proud. One day when you are old you will look back on all of this say that you made the world a better place.JoeMachttps://www.blogger.com/profile/12650518988624821388noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-20395921962219099922011-04-11T11:56:38.006-05:002011-04-11T11:56:38.006-05:00David
Coincidently this morning I posted an extend...David<br />Coincidently this morning I posted an extended comment on S Williamson´s post "Core Inflation" and argued that from his discussion "IT can be bad for your health". He replied in my post that he never said IT was bad. I answered saying that he "implied" it was so!<br />http://thefaintofheart.wordpress.com/2011/04/11/no-consensus-on-inflation/#comment-538João Marcushttps://www.blogger.com/profile/13658264244033012660noreply@blogger.com