What if monetary policymakers lack credibility?
Trevor Chow sent me the following questions, as a follow up to my recent post: I was wondering what your thoughts are regarding the following:1....
Author : TheMoneyIllusion
A simple model of monetary policy and interest rates
This comment caught my eye: I think it’s easier for most people (especially laymen) to understand how central banks affect interest rates than it is...
Treat CPTPP as an opportunity
Facebook Twitter LinkedIn This caught my eye: China has applied to join an Asia-Pacific trade pact once pushed by the U.S. as a way to...
Did Covid originate in Laos?
Facebook Twitter LinkedIn Here’s Bloomberg: Bats dwelling in limestone caves in northern Laos were found to carry coronaviruses that share a key feature with SARS-CoV-2,...
Discount code for my new book
Facebook Twitter LinkedIn I received this information: Customers can get a 20% discount (bringing the price to $28 before shipping) when they purchase the book from press.uchicago.edu and...
Trevor Chow on machetes and scalpels
Facebook Twitter LinkedIn Trevor Chow has a long post that provides one of the best summaries of macroeconomics that I have ever read. Highly recommended....
The Claremont Institute
More and more often I have trouble distinguishing between actual news articles and parodies of political extremists. Here’s an actual article discussing the head of...
Jailers and inmates
Facebook Twitter LinkedIn This is weird at first glance, and even weirder when you start to think about it: In California’s state prisons, a federal judge...
The global war on sissies
Facebook Twitter LinkedIn Here’s Brazil’s president: One day after announcing he had tested positive for coronavirus Jair Bolsonaro has come under fire for allegedly using homophobic language...
Finally!
My new book (entitled The Money Illusion) can now be ordered online. My intended audience for the book is mostly younger people that are studying...