"Normalization" ahead...or permanent damage? (Marcus Nunes) http://thefaintofheart.wordpress.com/2014/07/03/ignore-history-and-what-you-knew-to-everyones-detriment/
The past fifty (!) months show a clear trend...http://thefaintofheart.wordpress.com/2014/07/03/when-good-could-mean-bad/
Divisia M3 tells the story: http://thefaintofheart.wordpress.com/2014/07/05/money-and-the-prolonged-depression/
The Taylor rule isn't tailored for the present, hence not a good fit: http://thefaintofheart.wordpress.com/2014/07/06/why-waste-time-with-taylor-rules-2/
"...not all indicators show asset price froth and excesses." (David Beckworth) http://macromarketmusings.blogspot.com/2014/07/putting-financial-stability-concerns.html
Did it take 150 years for the U.S. to become an optimal currency area? http://macromarketmusings.blogspot.com/2014/07/how-long-did-it-take-united-states-to.html
The "ideal society" quote in particular, seems to have prompted an unfinished dialogue in the comment thread (Scott Sumner) Picking apart Piketty
Some thoughts on the "first half": Party like it's 1999 (1.385 million ZMP workers go back to work)
Timothy Lee also interviews Scott in an article for Vox: http://www.vox.com/2014/7/8/5866695/why-printing-more-money-could-have-stopped-the-great-recession#interview
Some Econlog posts from Scott:
Was Paul Krugman annoyed? http://econlog.econlib.org/archives/2014/07/mr_krugmans_pec.html
Piketty didn't have a lot to say about Asia http://econlog.econlib.org/archives/2014/07/regalian_asia.html
Did supply siders expect to see Kansas GDP rise by 25% or more? http://econlog.econlib.org/archives/2014/07/why_no_kansas_m.html
At Marginal Revolution, the conversation about the lack of a Kansas miracle continues in comments.
A long overdue cut in the key policy rate (Lars Christensen) http://marketmonetarist.com/2014/07/03/riksbanken-moves-close-to-the-zlb-now-it-is-time-to-give-bennett-mccallum-a-call/
Lars provides "a list of Hetzel related blog posts".
http://marketmonetarist.com/2014/07/03/happy-birthday-bob/
Some highlights of a story from the Economic Times:
http://marketmonetarist.com/2014/07/06/indias-fiscal-mess/
Why did inflation expectations drop after the recent rate decision? http://marketmonetarist.com/2014/07/09/when-forward-guidance-fails-the-fisher-equation-and-the-swedish-paradox/
Some jobs are more "lucrative" than others...(Benjamin Cole) http://thefaintofheart.wordpress.com/2014/07/03/comfy-town-usa-richard-fishers-dallas-fed/
All this money talk makes my head hurt let's just do QE infinity...
David Glasner: http://uneasymoney.com/2014/07/07/a-new-version-of-my-paper-with-paul-zimmerman-on-the-hayek-sraffa-debate-is-available-on-ssrn/
Also of interest:
(Michael Strain) "The recovery so far has left too many behind, and nothing that happened in June changes that fundamental reality." Great jobs report! Some quick thoughts
What a difference from 1913 to 1929 (James Caton) http://moneymarketsandmisperceptions.blogspot.com/2014/07/the-gold-standard-was-central-bank.html
Robert Murphy looks at capital and income: http://www.econlib.org/library/Columns/y2014/Murphyaccounting.html
Jonathan Finegold highlights a George Selgin quote:
http://www.economicthought.net/blog/?p=6189
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