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This is from CNBC.com:
If there is anything that the governing Tory party in the UK is fearing then it is the UKIP. The anti-EU UKIP wants to take the UK out of the EU, but it also wants something less - monetary reform!
I am in Stockholm this morning – the main topic for today’s meeting is the prospects for the African economies. I have for a long time had the view that Africa could very well turn into the best investment story in the world.
Here is the Federal Reserve's mandate:
Let's just say it as it is - I was very positively surprised by the massive response to my post on the economic legacy of Hugo Chavez. However, as somebody who primarily wants to blog about monetary policy it is a bit frustrating that I attract a lot more readers when I write about dead authoritarian presidents rather than about my favourite topic - monetary policy.
Today (March 5th) - on the 60 year anniversary of Stalin's death - Venezuelan president Hugo Chavez passed away.
In the Christensen family we believe in efficiency - so we are three generations of Christensen men that have their birthdays over a period of just five days. My dad - grandfather Flemming on March 1 (66 years), my son Mathias yesterday (3 years) and myself today (42 years). So I shouldn't really be blogging - it is my birthday after all and this morning my friend David C in South Korea wrote me on Facebook that I should not think about Market Monetarism today. I normally listens to David's suggestions, but not this time.
I am deeply skeptical about how much we can learn from econometrics, but if you do it right doing econometric studies can sometimes be an worthwhile effort.