ALL BLOG POSTS
Project African Monetary Reform (PAMR) - post 1
Here is Yale economics professor Stephen Roach:
Noah Smith has a new blog post where he questions Scott Sumner's idea that monetary policy should be conducted with the use of NGDP futures.
One of the great things about blogging is that people comment on your posts and thereby challenge your views and at the same time create new ideas for blog posts. Therefore I want to thank commentator Max for the following response to my previous post:
I hate getting into debates where different bloggers go back and forth forever and never reach any conclusion. I am not blogging to get into debates, however, I must admit that Steven Williamson's recent posts on NGDP level targeting have provoked me quite a bit.
It is vacation time for the Christensen family so I might not be blogging too much in the next couple of weeks, but we will see. I would however, like to share what books I have brought with me on our vacation in our vacation home in Southern Sweden (Skåne).
Over the last couple of days we have published four guest posts by Clark Johnson on "Keynes: Evidence for Monetary Policy Ineffectiveness?". Here you can read the paper in its entirety.
Guest post: Part 3 – Keynes: Evidence for Monetary Policy Ineffectiveness (continued)
The St. Louis Fed has long been a bastion of monetarist thinking, but something has changed at the Eighth Federal Reserve District. Here is St. Louis Fed president James Bullard in an interview with Bloomberg:
Back in April our friend Lorenzo did a interesting post on Austrian theory. That has now triggered a response from Steve Horwitz who defends the Austrian position. It is excellent stuff. It is a debate between two clever debaters and I have very strong sympathies for both gentlemen. However, I don't have time today to go through the entire debate, but I will strongly recommend to my readers to take a look at this very interesting debate.