UK labor market versus US labor market - a difference among similarities (Marcus Nunes): http://thefaintofheart.wordpress.com/2014/07/31/us-uk-siamese-twins-up-to-a-point/
A response from Giles Wilkes, "When Marcus says the UK needs structural reform I take it seriously." http://freethinkecon.wordpress.com/2014/08/01/what-are-the-big-uk-supply-side-issues/
Inflation drives wages, "...not the other way around." http://thefaintofheart.wordpress.com/2014/08/01/by-not-knowing-where-to-look-the-fomc-is-being-sidetracked/
We really need "intellectualism", wait...http://thefaintofheart.wordpress.com/2014/08/03/intellectualism-can-be-a-straightjacket/
Remember when Draghi said "Do whatever is needed"? http://thefaintofheart.wordpress.com/2014/08/04/words-deeds/
To what degree is a nation responsible for its own fate? http://thefaintofheart.wordpress.com/2014/08/05/profligate-foreigners/
Scott Sumner responds to a post by Tyler Cowen: No Eurozone mystery
Some "words" just sound - and feel - sillier than others: Lowflation? LOL. Try again!
How does anyone require policymakers to be more effective than market predictions? Why macro stabilization policy rarely fixes problems
The biggest concern in Japan now is the debt situation: What the markets are telling us about Japan
Some Econlog posts from Scott:
This group didn't appear especially representative...Wolfers on the fiscal consensus
More on Australia's long running CA deficit
A post which includes a good explanation for Ricardian equivalence
...of course, confirmation bias can cause cognitive dissonance! (Lars Christensen) http://marketmonetarist.com/2014/08/04/cognitive-dissonance-in-politics-markets-and-monetary-policy/
Lars provides a list of his tributes to Friedman: http://marketmonetarist.com/2014/07/31/celebrating-friedman-and-hetzel/
Nick Rowe looks at some "comparative statics": http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/08/the-quantity-theory-and-neutrality-of-money-when-money-is-endogenous.html
(David Glasner) "...neither Sraffa nor Hayek adequately understood Fisher." http://uneasymoney.com/2014/08/03/how-to-think-about-own-rates-of-interest-version-2-0/
Mike Konczal fired the opening salvo (David Beckworth): http://macromarketmusings.blogspot.com/2014/07/revisiting-great-experiment-of-2013.html
QE made quite a difference and yet some people still haven't noticed (Bonnie Carr) http://dajeeps.wordpress.com/2014/08/01/inflation-nutters-and-sadomonetarists-were-wrong-about-qe-and-they-are-still-wrong/
Bill Woolsey looks forward to more blogging - and market monetarists certainly look forward to hearing from him. The Election is Over!
Kevin Erdmann has also been hard at work, putting together helpful graphs and information: http://idiosyncraticwhisk.blogspot.com/2014/08/july-2014-employment-more-eui-data-data.html
Also of interest:
"...institutionalized people don't show up in standard statistics." http://johnhcochrane.blogspot.com/2014/08/work-and-jail.html
Oh well! A decade earlier, UI (sometimes) still worked as a lead in for self employment and business formation. Did cutting jobless benefits promote work? Not so much. (James Pethoukoukis)
No comments:
Post a Comment