Nick Rowe on long and variable leads
Facebook Twitter LinkedIn David Beckworth directed me to a presentation by Steve Ambler, recommending a policy of NGDPLT. (It was a part of the Bank...
Author : TheMoneyIllusion
Adam Tooze on the temptations facing a declining power
In the most recent ChinaTalk episode, Jordan Schneider asks Adam Tooze about the cold war between the US and China: Jordan: It’s interesting thinking about...
Characteristics of a banana republic
People have asked me how I define “banana republic”. So I’ll do that in this post. Before doing so, I have to explain a really...
Gangster capitalism
Facebook Twitter LinkedIn In the previous post I mentioned that Ben Thompson was highly critical of the TikTok deal. Here’s Jordan Schneider: The current deal does...
Cochrane on the US as a banana republic
Facebook Twitter LinkedIn Lots of people view my posts on the US becoming a banana republic as being slightly hysterical. Those readers might want to...
The good, the bad and the horrific
Facebook Twitter LinkedIn It’s become a cliche that people use misleading statistics. In this post, I’m going to explain how I believe the Covid-19 data...
A $5 billion campaign donation to Trump
So the TikTok/Oracle deal has been approved. I see at least three forms of corruption. First, there is the Trump administration’s misleading claim that the...
Hispanic votes matter
Facebook Twitter LinkedIn You won’t find anyone on the internet who’s a bigger critic of Donald Trump than me. More specifically, I’m disgusted by Trump’s...
Banana republic watch
Facebook Twitter LinkedIn With each passing day, the banana republicization of America becomes more pronounced. 1. Here’s the FT discussing the disgraceful attempt by the...
Their own worst enemy
Facebook Twitter LinkedIn This set of Matt Yglesias tweets caught my eye: Yglesias is clearly right, but there’s an even more important point that needs...