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A simple housing rescue package - QRI Mortgages and NGDP targeting
Quasi-Real indexing – indexing for Market Monetarists

Quasi-Real indexing – indexing for Market Monetarists

This morning when I was looking for something else on the internet I by coincidence came across Dr. David Eagle’s website. Dr. Eagle is an Associate Professor of Finance at the Eastern Washington University.

Wauw! We have a Market Monetarist at the Telegraph

Wauw! We have a Market Monetarist at the Telegraph

Here is Ambrose Evans-Pritchard at the Daily Telegraph:

Selgin's Monetary Credo - Please Dr. Taylor read it!

Selgin's Monetary Credo - Please Dr. Taylor read it!

Ok, there is no reason to hide it - I love George Selgin or at least his thinking on monetary theory. George of course is the source to go to on Free Banking theory and history (ok, Larry White is also pretty cool...) and he is of course an expert and a true pioneer on nominal income targeting. His work on the so-called Productivity Norm should be standard reading for anybody with the slightest interest in monetary theory. And now George is out with a comment on NGDP targeting. It is primarily a response to John Taylor's recent critique of NGDP targeting.

Market Monetarism comes to Hong Kong

Market Monetarism comes to Hong Kong

Dr. Yue Chim Richard Wong Professor at the University of Hong Kong has an excellent comment on Market Monetarism on his great blog. Dr. Wong is a specialist among other things on the Hong Kong property market and a well-known economics commentator in Hong Kong.

Exchange rate based NGDP targeting for small-open economies

Exchange rate based NGDP targeting for small-open economies

The debate about NGDP targeting is mostly focused on US monetary policy and the focus of most of the Market Monetarist bloggers is on the US economy and on US monetary policy. That is not in anyway surprising, but this is of little help to policy makers in small-open economies and I have long argued that Market Monetarists also need to address the issue of monetary policy in small-open economies.

Six central banks take action, but where is Chuck Norris?

Six central banks take action, but where is Chuck Norris?

Today, the Federal Reserve, the ECB, Bank of Canada, Bank of England, Bank of Japan and the Swiss National Bank announced a coordinated action to lower the pricing on the existing temporary US dollar liquidity swap arrangements by 50bp.

This is how deep the European crisis is

This is how deep the European crisis is

Polish foreign minister Radoslaw Sikorski (yesterday in the Financial Times):

The Vitali Klitschko effect and "speculative attacks"

The Vitali Klitschko effect and "speculative attacks"

Here is Hungarian central bank governor Andras Simor:

Ramesh Ponnuru: For Fed NGDP Could Spell More Economic Stability

Ramesh Ponnuru: For Fed NGDP Could Spell More Economic Stability

Senior editor at National Review and Bloomberg View columnist Ramesh Ponnuru is well-known for his Market Monetarist views Now he is out with a new comment NGDP targeting.

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