ALL BLOG POSTS
The Danish free market think tank CEPOS will later in the spring republish the Danish edition of Milton Friedman’s Free to Choose. I am extremely honoured that the good people at CEPOS have asked me to write the preface for “Det Frie Valg” as “Free to Choose” is known in Danish.
Here is a memorable quote from Darko Oračić - one of my readers in Croatia:
Renee Haltom has an interesting article in the recent edition of Richmond's Fed's magazine Region Focus on "Would a LITTLE inflation produce a BIGGER recover?".
Yesterday, I did a presentation about monetary explanations for the Great Depression (See my paper here) at a conference hosted by the Danish Libertas Society. The theme of the conference was Austrian economics so we got of to an interesting start when I started my presentation with a bashing of Austrian business cycle theory - particularly the Rothbardian version (you know that has given me a headache recently).
Yet another argument for prediction markets: "Reputation and Forecast Revisions: Evidence from the FOMC"
I am already spamming my readers today so this will not be a long post. But take a look at this working paper - "Reputation and Forecast Revisions: Evidence from the FOMC" by
I have been watching Moneyball. It is a great movie, but unlike Scott Sumner and my wife I have actually no clue about movies. However, economics play a huge role in this movie. So that surely made me interested. It is of course very different from Michael Lewis’ excellent book Moneyball, but it is close enough to be an interesting movie even to nerdy economists like myself.
Tyler Cown a couple of days ago put out a comment on "Why doesn’t the right-wing favor looser monetary policy?"
I think Rob who is one my readers hit the nail on the head when he in a recent comment commented that one of the things that is clearly differentiating Market Monetarism from other schools is our view of the monetary transmission mechanism. In my reply to his comment I promised Rob to write more on the MM view of the monetary transmission mechanism. I hope this post will do exactly that.