Gala, Crab and Road: These aren’t all apples?
Of course, only one is the real thing. It’s like the difference between rising prices and inflation. There is only …
Of course, only one is the real thing. It’s like the difference between rising prices and inflation. There is only …
Starting with the annoying first, interest rates are a not a policy! Nor does the Fed “set” them as in …
I swiped another graph from the great economist and author of Market Monetarism: Roadmap to Prosperity, Marcus Nunes, today and …
Explicit inflation targeting is no exception. I have been very annoyed with Goodhart’s recent comments about price level stabilization vs. …
The point of view of this blog is almost entirely political. Much of what I write is meant to be …
Recently published, Market Monetarism and the Roadmap to Economic Prosperity by Marcus Nunes and Benjamin Cole explores contemporary monetary history …
Mr. Goodhart, famous for Goodhart’s Law, came out against NGDP targeting yesterday, citing the principle behind his law that any …
The following quote from former Fed Governor Mishkin is one I pulled off a recent blog post by Marcus Nunes …
I love the optimists; and we can certainly use a good dose of optimism, as long as it is rational …
Someone doesn’t seem to be pleased with the hopefully coming of mass monetary easing. The spam filter for my comments …