If lawyers are going to run the country...(Nick Rowe) Why are lawyers against higher inflation?
"When I hear the word 'neoliberal' I normally reach for my shovel": How to destroy the neoliberal consensus
Lots of money was printed because things were not equal: Three meanings of printing money causes inflation
Yes, there is a reverse gear: Suppost that printing money were irreversible
A thought experiment for two extremes: Fractional reserves, capital, communism and the optimum quantity of money
Has she abandoned NGDP as an intermediate target? (Lars Christensen) http://marketmonetarist.com/2014/09/07/is-karnit-flug-jeopardizing-stan-fischers-straight-line-policy-not-yet-but/
Three cheers for Kocherlakota:
(Benjamin Cole) http://thefaintofheart.wordpress.com/2014/09/06/all-hail-kocherlakota-but-did-dr-k-have-to-say-inflation/
(Bonnie Carr) http://dajeeps.wordpress.com/2014/09/05/kocherlakota-perplexed-about-the-taper/
(Marcus Nunes) http://thefaintofheart.wordpress.com/2014/09/06/some-look-at-the-evidence-some-dont/
Even though infrastructure may be needed, it does not serve as monetary stabilzation (Marcus Nunes) Is Infrastructure Spending the Way Out
Heh, luck ran out, for playing NICE! What the World Needs Now...
The Fed is guilty, but not for the reasons people think: Austrians get terribly confused but so does the Fed
How far will Draghi go? And they called it puppy love
Still insisting that QE won't help: Germans preach
Things could have been different..To avoid having two or three inflation points above target is worth taking a lot of pain
Employment gains below expectations: Labor market blues
Higher than "ideal output"?? Missing the point
Seniors want to work, they need to work...singing off key
The long term bond yield isn't "every other data point": Wishful thinking cum confirmation bias
(Scott Sumner) The Keynesian model continues to unravel
Back from a Mount Pelerin conference in Hong Kong The evil that men do
To QE or not to QE, that is NOT the question (Reply to Simon-Wren Lewis)
Not a good description of MM...Maybe it was better when they ignored us
Criticism and praise continue through life: We never grow up
The QTM hasn't changed: Base money is just as special s it ever was
(Scott at Econlog) demand shifts also affect micro, supply shifts also affect macro Never reason from a wage change
A response to Andolfatto: Is deflation bad?
Sometimes the WSJ can't tell the difference: The Wall Street Journal must think Milton Friedman was a Keynesian
In response to David Glasner, Brad Delong thinks "that Friedman's paper has somewhat more coherence than David does." http://equitablegrowth.org/2014/09/03/equitable-growth-milton-friedman-david-glasner-real-pseudo-gold-standards-thursday-focus-september-4-2014/
Oh my...(David Glasner) http://uneasymoney.com/2014/09/07/hey-look-at-me-i-turned-brad-delong-into-an-apologist-for-milton-friedman/
Is aversion to inflation the natural order of things? http://uneasymoney.com/2014/09/09/explaining-post-traumatic-inflation-stress-disorder/
Andy Harless takes a closer look at structural unemployment: http://blog.andyharless.com/2014/09/despite-tasci-and-ice-i-still-see.html
Also of interest:
Atlanta Fed: What kind of a job for Part time Pat?
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