So we have this thing called the debt ceiling…
The ceiling on Federal debt doesn’t appear to actually serve its intended function of keeping spending under control. I don’t …
Monthly Archives: December 2012
Some thoughts on the shootings of firefighters in Webster, NY and gun control
In the particular case of the firefighters who were shot with two killed and two injured as they were responding …
Over the cliff we go with no level target, NGDP or otherwise
In the Market Monetarism camp, I’ve noticed a mixed level of confidence that the Federal Reserve will offset the economic …
Context matters, even to monetary policy
Becoming a technology strategist for a Fortune 100 firm wasn’t something that was black and white as if one day …
Christmas Blues
Here is my tree so far. It’s still work in progress. My goal was to make a red, white, and …
Some remarks on the new Egyptian Constitution
I was not impressed with the news stories written about the new Egyptian constitution that passed the first phase of …
More fun with “The Graph”: Central bank discretion must be severely curtailed – No compromise on NGDPLT
If there were just one graph that shows what happened in 2008 and throughout the Great Recession, I would have …
As NGDPLT enters political debate in the UK, perhaps we’ll get a broader understanding of what went wrong in 2008
Not that I need anyone to tell me. But many others need to know and I am hoping that as …
Promising news coming out of the UK and some promising news of my own
The blogosphere is buzzing today with news of incoming Bank of England Governor Mark Carney’s discussion of NGDP level targeting …
The advantages of being a layperson include freedom to say what one really thinks of powerful people
…With the general punishment of low hits. It’s ok. I understand that not everyone wants to hear what I believe …
