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Wednesday, July 31, 2013
Abenomics as a Fulfillment of Milton Friedman's Policy Prescriptions
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Today would be Milton Friedman's 101st birthday. What better way to celebrate his birthday than to recognize that Abenomics is largely ...
16 comments:
Wednesday, July 17, 2013
A Paradox of Flexibility or Central Bank Incompetence?
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Paul Krugman and Mark Thoma are again making the case against increased wage flexibility in a depressed economy. They contend that rather...
18 comments:
Thursday, June 27, 2013
The Right Type of Tapering
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Ramesh Ponnuru and I have a new article at the New Republic where we argue the Fed should not consider tapering unless it is tied to a NGD...
2 comments:
Tuesday, June 18, 2013
It's Time for the Bank of England to Adopt a NGDPLT
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Evan Soltas is right . Mark Carney's arrival provides a great opportunity for monetary regime change at the Bank of England: Mark Ca...
2 comments:
Monday, June 17, 2013
The Tapering Talk and Rising Yields Are a Sign of Recovery
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There seems to be a growing consensus that the recent rise in long-term interest rates is the result of the Fed indicating it may taper its...
8 comments:
Thursday, June 13, 2013
A Foolproof Approach to Monetary Policy For Both Fiscalists and Monetarists
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Cardiff Garcia says we all need to get along. At least the fiscalists and market monetarists who believe there is still a aggregate demand...
24 comments:
Monday, June 10, 2013
What the Great Natural Experiment Reveals About QE
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There is a great natural economic experiment unfolding. And it is not the QE3 versus U.S. fiscal austerity debate that some of us have be...
14 comments:
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