Wednesday, February 25, 2015

Midweek Market Monetarist Links and Summaries - 2/25/15

Would countries hold themselves accountable, if they independently printed their own money? (Nick Rowe)
When supply side factors reduce potential equilibrium:
More Greek questions from Nick:
Human capital in traditional value in exchange context:
More capital questions:
He seems to recognize "Divine Coincidence" has failed. But what might that mean?

Lots of blogging from Josh Hendrickson this week:

"Unambiguously positive?" Hmm...(Britmouse)

Choke demand, and supply will follow (Marcus Nunes):
In Greece, a drop in unit labor costs hasn't eased unemployment:
Strong U.S. dollar? Who cares!
Was this really the best headline the WSJ could come up with??
"Celebrating" deflation?
Until 2011, all was well...
Matt O'Brien's analysis is a bit convoluted:
There are good reasons why structural reform on fiscal terms is wishful thinking:

This Economist article advocates level targeting (Scott Sumner) The Economist on good and bad deflation
The textbook description can be confusing: What does MV=PY actually mean?
More musings on Greece: The burden of history
Why aren't students taught more than what is already obvious, about real world circumstance? Nobody understands that nobody understands supply and demand
Already, the Swiss stock market has regained most of its losses: Why Switzerland is such a great country (all's well that ends well)
How to talk about shares of growth? Beware of income inequality data
At Econlog, Scott highlights a post from Kevin Erdmann: The housing bubble: perceptions and reality
Inequality? It's not just about education (Econlog): Power is a residual

From Lipsey's essay on national income (David Glasner)

Want to encourage a more growth oriented Fed? Benjamin Cole provides some contact info:
What to do when hyperinflation stories no longer work?

Why does Noah frame Scott in these terms? (Bonnie Carr)

Lorenzo says what needs to be said...

Koichi Hamada wants to know, Why is Monetary Policy Underrated?
Mike Darda also focuses on Japan

No comments:

Post a Comment