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July 2016

KPF for President!
The utter unpopularity of our "chosen" candidates, and the happy reality that this blog has a modest following, inspired me to throw my hat into the ring...rhetorically! Here's what I would do to g... Read More
Posted in Blog Posts

Some Unpleasant Monetarist Arithmetic
Monetary policy has reached a crossroads. Neither conventional approaches to stimulating demand (low interest rates) nor unconventional policies (quantitative easing) have produced a durable recover... Read More
Posted in Blog Posts