Here we go,
- NGDP targeting is on the agenda.David Altig is still a sceptic ( as I am) however David Glasner looks at it with open eyes after Charles Goodhardt passed sceptical comment.
- He also looks at the social cost of finance. Read Noah Smith's linked piece as well.
- John Quiggin examines trouble in paradise. (ease up on Jim Rose John!) Naturally Sinclair Davidson disagrees. He is also sneaky with Depression facts but I will pass that to the keeper!
- Noah Smith has an interesting piece (tautology?) on macroeconomics. Simon Wren-Lewis takes it differently.
- Brad De Long reads Oulton and Sebastian-Barriel and finds more evidence to use fiscal policy when Keynes said so and not to use it when he said not to use it. ( My words not his).
- Kruggers find a lack of spending in the USA here and here.
- Jonathon Portes debates debt ratios
- Mark Thoma finds US fiscal policy is not in crisis.
- econbrowser's links. Calculated Risk ( Bill McBride) worth a read. He has the best unusual graphs as well.
- Peter Dorman looks at mitigation vs adaption in climate change
(apologies for some small problems.I had to get my wife from the airport today so time was precious.)
- ricardianambivalence looks at how people are viewing RBA actions
- Lord Keynes finds another country other than Germany that recovered from the great depression
Should have added these two as well!
"NGDP targeting is on the agenda.David Altig is still a sceptic ( as I am) however David Glasner looks at it with open eyes after Charles Goodhardt passed sceptical comment.\"
ReplyDeleteBig noting yourself much, no?
Why are you a denialist, Homer?
Homer
ReplyDeleteYou need to get over your grudge over Sinclair Davidson banning you from Catallaxy. You know it wasnt good for your mental health to stay on. He did the right thing and you know it.
Your behavior and comportment there was deplorable towards the end.
I am happy to keep company with Altig and Goodhart amongst others.
ReplyDeleteSo you are an MMT person now!
I provide accurate information whenever I criticise Davidsaon.
A pity neither you nor he can do the same.
Homer
ReplyDeleteWhen did NGDP targeting become MMT, you dummy?
MMT theory kine most theories have adherents that involve a broad church. NDGP targeting is supported by one section.
ReplyDeleteIf you had read David Glasner at all you would have seen that.
going to the Imperial Peking at lunch
make that like most theories
ReplyDeleteHomer, you idiot... the piece by Glasner doesn't make any reference that NGDP targeting is related to MMT. You either dreamed it up or basically made it up. AGAIN! He's critical because of his concerns about choosing an appropriate target. That is an altogether different argument. It's been answered by the way.
ReplyDeleteMy comment was made in general to David Glasner's excellent blog.
ReplyDeleteIt is almost a recurring topic amongst commenters there of whom some are MMters.
Mind your languange as well.
This comment has been removed by a blog administrator.
ReplyDeleteI did say mind your language.
ReplyDeleteCriticise by all means but do it properly.
However I have gone back through Glasner's blog and I have found I confused two items there so yes I agree it isn't part of MMT.
I still agree with Altig though.