The targeted bailouts scarcely even affected the money supply (Marcus Nunes) http://thefaintofheart.wordpress.com/2014/11/26/from-the-long-boom-to-the-long-depression/
Annualized quarterly growth rates have not really helped: http://thefaintofheart.wordpress.com/2014/11/26/visions-of-grandeur-or-analyzing-data-with-3d-lenses/
An increase in the military budget for growth, as something politicians can agree on? Argh. http://thefaintofheart.wordpress.com/2014/11/27/accounting-says-us-growth-will-finally-pick-up/
After Mishkin's lecture, inflation never really deviated from 2%. http://thefaintofheart.wordpress.com/2014/11/28/ironies-galore/
A closer look, with telling graphs: http://thefaintofheart.wordpress.com/2014/12/01/monetary-policy-1992-2009-a-market-monetarist-perspective/
Plenty of people aren't fooled! http://thefaintofheart.wordpress.com/2014/12/02/happy-days-are-here-again/
Sometimes, price changes prove to be a bit too convenient: http://thefaintofheart.wordpress.com/2014/12/02/even-big-wigs-reason-from-a-price-change/
Ditto for bubbles: http://thefaintofheart.wordpress.com/2014/12/02/if-you-get-the-bubble-you-wished-for-its-easy-to-predict-theres-a-bubble-the-case-of-krugman/
The free banking debate continues, after last week's Kaminska post:
(David Glasner) http://uneasymoney.com/2014/11/29/what-is-free-banking-all-about/
And a response from Bill Woolsey: Kaminska on Free Banking
Quantitative easing as...credit policy? Raising bond yields in specific countries is not the point (Lars Christenson) http://marketmonetarist.com/2014/11/30/monetary-policy-according-to-a-german-lawyer/
"Who moves first, and who moves last?" (Nick Rowe) http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/11/short-run-vs-long-run-order-of-moves-between-monetary-and-fiscal-authorities.html
Why isn't this concept discussed more? http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/12/the-desired-stock-of-savings.html
The idea of "waking up" up whenever X improves, is not a good strategy: http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/12/stabilising-deflation-under-the-gold-standard.html
Behind China and...India? (Scott Sumner) America as #3
Make no mistake, Jim Edwards has the courage of his convictions! Finally! Proof that the Keynesian model is true
What might the new vocabulary for "growth" rates look like? Why the Japanese economy is slowing, and will continue to slow
Tim Worstall questions whether government spending creates value, Scott wants to know (in this instance) whether it is capable of creating jobs: A quick follow-up on Keynesian economics
I must admit I use the word "recession" a bit too loosely. Scott provides some helpful graphs: The map and the territory
Investment holds the clue...Capex rising strongly during Japan's "recession".
Falling oil prices provide an easy excuse: Germans now favor a dual mandate for the eurozone, inflation and growth
Scott's recent contribution for an online Cato forum: http://www.cato.org/publications/cato-online-forum/more-bang-buck-surprisingly-cost-effective-way-boost-growth
Scott at Econlog:
John Cochrane...is he taking "the long way home"? Neo-Fisherism converges on Market Monetarism
Focus on quantity, not price: Falling oil prices have no implications for global growth. Oil production does.
According to the IMF, the ECB never even adopted tight money in 2011
For all the support market monetarism has received, it is not "inner circle" by any means: Brad Delong poses two questions about NGDP targeting
An incisive post from David Beckworth, complete with nice sketch: What Do John Cochrane, Paul Krugman and Scott Sumner Have in Common?
"I will turn optimistic when the Fed convinces me such a turn is warranted." (Ryan Avent) Why so glum?
If only history would really help us, instead of making it even more difficult to understand how to move ahead (Kevin Erdmann) http://idiosyncraticwhisk.blogspot.com/2014/12/villains-have-incredible-power-to-make.html
Also of interest:
James Picerno considers a recent post from Scott Sumner:
http://www.capitalspectator.com/estimating-us-recession-risk-isnt-getting-any-easier/
Sound Money Project on NGDP (Nicolas Cachanosky) http://soundmoneyproject.org/2014/12/does-monetary-equilibrium-equal-ngdp-targeting/
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