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~ The Incorrigible Market Monetarist

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Monthly Archives: January 2013

Gala, Crab and Road: These aren’t all apples?

January 31, 2013

Of course, only one is the real thing. It’s like the difference between rising prices and inflation. There is only …

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Important and not so important: The Fed announcement and annoying interest rate addicts

January 30, 2013

Starting with the annoying first, interest rates are a not a policy! Nor does the Fed “set” them as in …

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The $3 trillion gap, debt, the Federal budget and the Federal Reserve

January 28, 2013

I swiped another graph from the great economist and author of Market Monetarism: Roadmap to Prosperity, Marcus Nunes, today and …

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There are tradeoffs involved with nearly every choice under the sun

January 25, 2013

Explicit inflation targeting is no exception. I have been very annoyed with Goodhart’s recent comments about price level stabilization vs. …

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The Point of View and Purpose of This Blog

January 23, 2013

The point of view of this blog is almost entirely political. Much of what I write is meant to be …

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New book to read: Market Monetarism and the Roadmap to Economic Prosperity

January 23, 2013

Recently published, Market Monetarism and the Roadmap to Economic Prosperity by Marcus Nunes and Benjamin Cole explores contemporary monetary history …

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It wasn’t the selection of inflation as an explicit target that caused the Great Recession

January 22, 2013

Mr. Goodhart, famous for Goodhart’s Law, came out against NGDP targeting yesterday, citing the principle behind his law that any …

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Former Fed Governor Mishkin and the Crime of the Century

January 18, 2013

The following quote from former Fed Governor Mishkin is one I pulled off a recent blog post by Marcus Nunes …

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The Skunk at the Garden Party: NGDP Gap Still Very Large

January 17, 2013

I love the optimists; and we can certainly use a good dose of optimism, as long as it is rational …

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What’s with the Forex “attacks”?

January 16, 2013

Someone doesn’t seem to be pleased with the hopefully coming of mass monetary easing. The spam filter for my comments …

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Quotable Quotes

"The desire is there to do something about difficult problems, but because it is difficult to do something which would help solve them, people do something else instead." -- Dr. Madsen Pirie, Adam Smith Institute

“You never know what worse luck your bad luck has saved you from.” — Cormac McCarthy, Nonconformist Hall of Famer

Blogroll

  • *NGDP Advisers Free Blog – Nunes, Cole, Alexander, and Irving
  • Econlog – Scott Sumner
  • Historinhas (The Faint of Heart) – Marcus Nunes
  • hwasshoi
  • Macro and Other Market Musings – David Beckworth
  • Monetary Equivalence – Becky Hargrove
  • Monetary Freedom – Bill Woolsey
  • Money Mischief – Petar Sisko (in Croatian)
  • Tenth Amendment Center (TAC) – Nullification Movement
  • The Market Monetarist – Lars Christensen
  • The Money Illusion – Scott Sumner
  • Uneasy Money – David Glasner
  • Uneconomical – Britmouse
  • zSynthenomics – Yichuan Wang

Recent Posts

  • Wasteful things big government does: The FCC and Amateur Radio (HAM) Regulation
  • Progressives have been spreading anti-democratic disinformation for decades. They need to be called out for it.
  • Taming inflation: Damned if you do. Damned if you don’t.
  • “Too Many Jobs” is back: When will the uncivil Philips Curve thinking die?
  • My King Henry VIII/Catherine of Aragon narrative peeve
  • Long time, no post! Tight money and other stuff
  • What’s the definition of too expansionary monetary policy??
  • Here’s a simple questionnaire for MAGA heads.
  • The real problem is the political problem and nothing worth doing can be done until resolved
  • The truth is liberating. The Lincoln Project should be telling it about J6

Recent Comments

  • dajeeps on Here’s a simple questionnaire for MAGA heads.
  • Ari Dale on Here’s a simple questionnaire for MAGA heads.
  • dajeeps on The real problem is the political problem and nothing worth doing can be done until resolved

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