Secular Stagnation vs. Ben BernankeLet me put here my first, much longer draft to what appeared on Project Syndicate: The Tragedy of…
The Current State of the Secular Stagnation-Savings Glut DebateBernanke, Summers, Kruman, O’Brien, and Ryan Avent Are All Correcttl;dr: Secular stagnation or global savings glut? It’s both — or rather it is all three: secular stagnation, global savings glut…
Fixed: “A Significant Step Toward the Entrenchment of Abnormal Dynamics”: FocusOver at Equitable Growth: Fixed: “Beginning the normalization of policy will be a significant step toward the <strike>restoration</strike> entrenchment of… <strike>normal</strike> abnormal…
Do You Really Want to Know How Ben Bernanke Thinks? Also Larry Summers and Paul KrugmanOver at Equitable Growth: A correspondent writes:It makes no sense for Bernanke to: 1. Have pounded his chest about the success of QE; 2. Now be claiming…
Where Is the Can Opener?: (Trying to) Make Sense of Current (Small) Analytical Disagreements Between Paul Krugman and Larry SummersLarry Summers tweets:Where is the deus ex machina? Where is the can opener? Read…
Cracking the Hard Shell of the Macroeconomic Knut: “Keynesian”, “Friedmanite”, and “Wicksellian” Epistemes in Macroeconomics
None of Concerns About Inflation, Employment, Financial Stability, or Inequality Justify Raising Interest Rates Over the Next Year or So…
Things to Read for Your Morning Procrastination on January 14, 2016Over at Equitable Growth — The Equitablog:Heather Boushey: The State of the Union: a Rorschach Test* Barry Eichengreen: Reforming or Deforming the Fed?