This week on the podcast I had a great time talking the monetary disequilibrium view of business cycles with Steve Horwitz. This persp...

The FOMC decided today to raise its target interest rate so that it now sits in the 1.00-1.25 percent range. This move was largely expecte...

It took the United States roughly 150 years to become an optimal currency area (OCA), according to economic historian Hugh Rockoff . This l...

Here are some assorted macro musings from the past week: 1.  Been there, done that, and it did not end well China edition. Once again, C...

Despite the all Fed talk about shrinking its balance sheets, many observers are hoping the Fed keeps it large.  They want the Fed to maint...

Paul Krugman joined me for the latest Macro Musings podcast . It was a fun show and we covered a lot of ground from liquidity traps to secu...

Some assorted musings: 1. From this week's podcast with Ethan Ilzetzki comes this amazing figure. It shows that approximately 70% o...