Catching up to the recent twists on SSDD
In the last couple of weeks the DJIA is down just shy of 1000 basis points. A few things I …
Monthly Archives: January 2015
Friedman’s Mixed Bag – Blame or blameless?
There’s some discussion about Milton Friedman’s influence on the economics profession over on Scott Sumner’s blog, the Money illusion, where …
A week (give or take) of developments large and small
I’ve been on call this month and haven’t had much time to think about much else besides work-related things. On …
SNB vs. other tragic nonsense that gets a pass
Some central bankers are just “better” than others. Or perhaps some are just more blameless than others. I was watching …
What to make of the SNB decision to end its 1.20 euro peg…
The first thing I noticed when I heard the news about the SNB and read the issued statement to end …
Money meets muscle: Kenneth Duda and Scott Sumner take Market Monetarism on a new path forward
Kenneth Duda and Scott Sumner have teamed up to form a new program on monetary policy for the Mercatus Center …
Excerpt: Abraham Lincoln, speech on the Sub-Treasury, December 26, 1839
At various times I’ve recommended the book The Rise and Fall of the American Whig Party: Jacksonian Politics and the …
Personal tragedies of the Great Recession large, larger and super huge
I’ve talked a lot about central banker Bernanke in terms of monetary policy who, as many are aware, doesn’t clear …
A new dawn approaches: the time of MM is at hand
So I watched the Bloomberg feed on my Apple TV yesterday morning while working at home, on what seemed to …
