ALL BLOG POSTS

Chuck Norris on monetary policy #2

Chuck Norris on monetary policy #2

I am continuing my tribute to the great Chuck Norris.

The open-minded Krugman

The open-minded Krugman

I didn’t expect this ever to happen, but I have to say something nice about Paul Krugman’s comments on his New York Times blog. Well, there is actually a lot of positive to say about Paul Krugman, but we just tend to forget it when he is giving us free market economists a hard time. However, the story today is not about what we think, but “where” we express our views and share our research.

NGDP targeting is not about ”stimulus”

NGDP targeting is not about ”stimulus”

Market Monetarists are often misunderstood to think that monetary policy should “stimulate” growth and that monetary policy is like a joystick that can be used to fine-tune the economic development. Our view is in fact rather the opposite. Most Market Monetarists believe that the economy should be left to its own devises and that the more policy makers stay out of the “game” the better as we in general believe that the market rather than governments ensure the most efficient allocation of resources.

Fear, hope, doubt and resignation

Fear, hope, doubt and resignation

Sunday October 9:

Nick, Chuck and the central banks

Nick, Chuck and the central banks

Here is Nick Rowe on central banks and Chuck Norris. If you don't understand Chuck you don't understand central banks.

Gold, France and book recommendations

Gold, France and book recommendations

Can you recommend a book that you haven’t read yet? I am not sure, but I will do it anyway. I believe we can learn a lot from the Great Depression and I am especially preoccupied with the international monetary consequences and causes of the Great Depression.

“…political news kept slipping into the financial section”

“…political news kept slipping into the financial section”

As global stock markets once again takes another downturn on the back of renewed European worries I am reminded about a great blog post Scott Sumner wrote a couple a months ago about his studies of the Great Depression.

Sexy new model could shed light on the Great Recession

Sexy new model could shed light on the Great Recession

Market Monetarists like myself claim that the Great Recession mostly was caused by the fact that the Federal Reserve and other central banks failed to meet a sharp increase in the demand for dollars. Hence, what we saw is what David Beckworth has termed a “passive” tightening of monetary policy.

Chuck Norris on monetary policy #1

Chuck Norris on monetary policy #1

In the coming time I will pay tribute to the great Chuck Norris by analyzing the monetary policy implications of some well-known facts and quotes from the great hero. These "facts" all come from www.chucknorrisfacts.com

Japan’s deflation story is not really a horror story

Japan’s deflation story is not really a horror story

Many economists – including some Market Monetarists – tell the story about Japan’s economy as a true horror story and there is no doubt that Japan’s growth story for more than 15 years has not been too impressive – and it has certainly not been great to have been invested in Japanese stocks over last decade.

Items 1101 to 1110 of 1201 total

Show per page