Raise interest rates to raise inflation? Lower interest rates to lower inflation? It's not that simple. A correspondent from an emerging...
A very simple neo-Fisherian model
A sharp colleague recently pushed me to write down a really simple model that can clarify the intuition of how raising interest rates might...
Friday, 25 March 2016
Banking
Commentary
Finance
Financial Reform
Monetary Policy
Politics and economics
Regulation
Central banks as central planners
Two news items cropped up this week on the general topic of central banks as emergent central planers.: a nice WSJ editorial by James Macki...
The Habit Habit
The Habit Habit. This is an essay expanding slightly on a talk I gave at the University of Melbourne's excellent "Finance Down Und...
Tuesday, 8 March 2016
Commentary
Economists
Inflation
Monetary Policy
negative interest rates
Stimulus
Deflation Puzzle
Larry Summers writes an eloquent FT column " A world stumped by stubbornly low inflation " Market measures of inflation expectatio...
Premium increase insurance
Marginal Revolution and the Wall Street Journal both pass on a great quote from Warren Buffett: It’s understandable that the sponsor of th...
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