Author : TheMoneyIllusion

Facebook Twitter LinkedIn 1. Nicholas Kristof has a good piece on political dysfunction on the West Coast. He correctly points out that the problem is...

Facebook Twitter LinkedIn In a recent Econlog post, I pointed out that the “inverted yield curve” predictor of recessions had failed this time around. (Recessions...

Facebook Twitter LinkedIn Tyler Cowen directed me to the blogger Daniel Frank, who has a post discussing my non-monetary blogging. I always find it gratifying...

Facebook Twitter LinkedIn It’s amazing how similar these two cases are. Both involve prosecutors going after people who committed minor technical violations, with the full...

Facebook Twitter LinkedIn 1. Bad monetary policy produces inflation and/or recessions. But the greatest cost of bad monetary policy is that it leads to bad...

Facebook Twitter LinkedIn During my recent trip to the Bay Area, I met lots of people who are involved in the field of AI. My...

Facebook Twitter LinkedIn I’ve had very low expectations for the Fed’s upcoming review of its operating regime. I had thought that the previous review (back...

Facebook Twitter LinkedIn I recently attended a blogging conference in Berkeley. From the perspective of interesting conversation, it was probably the best weekend of my...

Facebook Twitter LinkedIn The New York case against Trump was one of those all too frequent examples of prosecutorial overreach. It was a bullshit charge...

Facebook Twitter LinkedIn Some messages from our current and future leaders: Facebook Twitter LinkedIn...