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 |